Are Asian real exchange rates stationary?
By applying the newly developed nonlinear stationary test advanced by Kapetanios et al. [Journal of Econometrics 112 (2003) 359] in examining the stationary property of 11 Asian real exchange rates, this paper rejects unit root in 8 US dollar-based and 6 Japanese yen-based rates, whereas the augment...
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| Format: | Article |
| Language: | English |
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Elsevier
2004
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| Online Access: | http://psasir.upm.edu.my/id/eprint/40288/ http://psasir.upm.edu.my/id/eprint/40288/1/Are%20Asian%20real%20exchange%20rates%20stationary.pdf |
| _version_ | 1848849382783320064 |
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| author | Liew, Venus Khim Sen Baharumshah, Ahmad Zubaidi Chong, Terence Tai Leung |
| author_facet | Liew, Venus Khim Sen Baharumshah, Ahmad Zubaidi Chong, Terence Tai Leung |
| author_sort | Liew, Venus Khim Sen |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | By applying the newly developed nonlinear stationary test advanced by Kapetanios et al. [Journal of Econometrics 112 (2003) 359] in examining the stationary property of 11 Asian real exchange rates, this paper rejects unit root in 8 US dollar-based and 6 Japanese yen-based rates, whereas the augmented Dickey–Fuller (ADF) test has led to no rejection at all. |
| first_indexed | 2025-11-15T09:49:31Z |
| format | Article |
| id | upm-40288 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T09:49:31Z |
| publishDate | 2004 |
| publisher | Elsevier |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-402882015-09-15T08:34:03Z http://psasir.upm.edu.my/id/eprint/40288/ Are Asian real exchange rates stationary? Liew, Venus Khim Sen Baharumshah, Ahmad Zubaidi Chong, Terence Tai Leung By applying the newly developed nonlinear stationary test advanced by Kapetanios et al. [Journal of Econometrics 112 (2003) 359] in examining the stationary property of 11 Asian real exchange rates, this paper rejects unit root in 8 US dollar-based and 6 Japanese yen-based rates, whereas the augmented Dickey–Fuller (ADF) test has led to no rejection at all. Elsevier 2004-06 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/40288/1/Are%20Asian%20real%20exchange%20rates%20stationary.pdf Liew, Venus Khim Sen and Baharumshah, Ahmad Zubaidi and Chong, Terence Tai Leung (2004) Are Asian real exchange rates stationary? Economics Letters, 83 (3). pp. 313-316. ISSN 0165-1765; ESSN: 1873-7374 http://www.sciencedirect.com/science/article/pii/S0165176503003872 10.1016/j.econlet.2003.10.021 |
| spellingShingle | Liew, Venus Khim Sen Baharumshah, Ahmad Zubaidi Chong, Terence Tai Leung Are Asian real exchange rates stationary? |
| title | Are Asian real exchange rates stationary? |
| title_full | Are Asian real exchange rates stationary? |
| title_fullStr | Are Asian real exchange rates stationary? |
| title_full_unstemmed | Are Asian real exchange rates stationary? |
| title_short | Are Asian real exchange rates stationary? |
| title_sort | are asian real exchange rates stationary? |
| url | http://psasir.upm.edu.my/id/eprint/40288/ http://psasir.upm.edu.my/id/eprint/40288/ http://psasir.upm.edu.my/id/eprint/40288/ http://psasir.upm.edu.my/id/eprint/40288/1/Are%20Asian%20real%20exchange%20rates%20stationary.pdf |