Revisiting Purchasing Power Parity for Central Asian Countries Using Threshold Cointegration Tests

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Revisiting Purchasing Power Parity for Central Asian Countries Using Threshold Cointegration Tests

This study finds evidence supportive of the Purchasing Power Parity for Azerbaijan and Kazakhstan using threshold cointegration tests. This finding suggests the existence of an asymmetry relationship between exchange rate and relative prices. The asymmetric relationship may be due to the heavily r...

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Bibliographic Details
Main Authors:	Lau, Evan, Liew, Venus Khim-Sen, Puah, Chin Hong, Choong, Chee-Keong
Format:	Article
Language:	English
Published:	AccessEcon 2010
Subjects:	HB Economic Theory HC Economic History and Conditions
Online Access:	http://ir.unimas.my/id/eprint/7307/ http://ir.unimas.my/id/eprint/7307/1/Revisiting%20Purchasing%20Power.pdf

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