The persistence of real exchange rates in the central and eastern European countries

The persistence of real exchange rates in the central and eastern European countries

We investigate the mean reversion in real exchange rates for Central and Eastern European countries. We use point and confidence interval estimates from the Phillips et al.’s (2001) local-persistent model as our preferred measures of the persistence of real exchange rates. We find that the adjustmen...

Full description

Bibliographic Details
Main Authors: Baharumshah, Ahmad Zubaidi, Soon, Siew-Voon, Fountas, Stilianos, Md. Shariff, Nurul Sima
Format: Article
Language:English
Published: Vilnius Gediminas Technical University Press 2015
Online Access:http://psasir.upm.edu.my/id/eprint/46661/
http://psasir.upm.edu.my/id/eprint/46661/1/The%20persistence%20of%20real%20exchange%20rates%20in%20the%20central%20and%20eastern%20European%20countries.pdf

Similar Items

Similar Items