Nonlinear Mean Reversion In Real Exchange Rates: Evidence From The ASEAN-5
Utilizing formal nonlinear unit root test (Sarno, The behavior of US public debt: a nonlinear perspective. Economics Letters 2001: 119 – 125), this study provides robust evidence of nonlinear mean reversion in the real exchange rates of 4 major ASEAN countries. We conclude that the bulk of the evide...
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| Format: | Article |
| Language: | English |
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Munich University Library
2003
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| Subjects: | |
| Online Access: | http://ir.unimas.my/id/eprint/3226/ http://ir.unimas.my/id/eprint/3226/1/Ahmad%20Zabidi.pdf |
| _version_ | 1848835166540136448 |
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| author | Ahmad Zubaidi, Baharumshah Liew, Khim Sen Lau, Evan |
| author_facet | Ahmad Zubaidi, Baharumshah Liew, Khim Sen Lau, Evan |
| author_sort | Ahmad Zubaidi, Baharumshah |
| building | UNIMAS Institutional Repository |
| collection | Online Access |
| description | Utilizing formal nonlinear unit root test (Sarno, The behavior of US public debt: a nonlinear perspective. Economics Letters 2001: 119 – 125), this study provides robust evidence of nonlinear mean reversion in the real exchange rates of 4 major ASEAN countries. We conclude that the bulk of the evidence based on conventional unit root tests may be biased against long run Purchasing Power Parity (PPP) |
| first_indexed | 2025-11-15T06:03:33Z |
| format | Article |
| id | unimas-3226 |
| institution | Universiti Malaysia Sarawak |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T06:03:33Z |
| publishDate | 2003 |
| publisher | Munich University Library |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | unimas-32262022-01-19T02:04:28Z http://ir.unimas.my/id/eprint/3226/ Nonlinear Mean Reversion In Real Exchange Rates: Evidence From The ASEAN-5 Ahmad Zubaidi, Baharumshah Liew, Khim Sen Lau, Evan HB Economic Theory Utilizing formal nonlinear unit root test (Sarno, The behavior of US public debt: a nonlinear perspective. Economics Letters 2001: 119 – 125), this study provides robust evidence of nonlinear mean reversion in the real exchange rates of 4 major ASEAN countries. We conclude that the bulk of the evidence based on conventional unit root tests may be biased against long run Purchasing Power Parity (PPP) Munich University Library 2003 Article NonPeerReviewed text en http://ir.unimas.my/id/eprint/3226/1/Ahmad%20Zabidi.pdf Ahmad Zubaidi, Baharumshah and Liew, Khim Sen and Lau, Evan (2003) Nonlinear Mean Reversion In Real Exchange Rates: Evidence From The ASEAN-5. Munich Personal RePEc Archive. ISSN 2285-6803 https://econpapers.repec.org/paper/wpawuwpit/0308001.htm |
| spellingShingle | HB Economic Theory Ahmad Zubaidi, Baharumshah Liew, Khim Sen Lau, Evan Nonlinear Mean Reversion In Real Exchange Rates: Evidence From The ASEAN-5 |
| title | Nonlinear Mean Reversion In Real Exchange Rates: Evidence From The ASEAN-5 |
| title_full | Nonlinear Mean Reversion In Real Exchange Rates: Evidence From The ASEAN-5 |
| title_fullStr | Nonlinear Mean Reversion In Real Exchange Rates: Evidence From The ASEAN-5 |
| title_full_unstemmed | Nonlinear Mean Reversion In Real Exchange Rates: Evidence From The ASEAN-5 |
| title_short | Nonlinear Mean Reversion In Real Exchange Rates: Evidence From The ASEAN-5 |
| title_sort | nonlinear mean reversion in real exchange rates: evidence from the asean-5 |
| topic | HB Economic Theory |
| url | http://ir.unimas.my/id/eprint/3226/ http://ir.unimas.my/id/eprint/3226/ http://ir.unimas.my/id/eprint/3226/1/Ahmad%20Zabidi.pdf |