Long-Run PPP May Not Hold After All
收藏数据链接:
官方服务:
资源简介:
Recent tests using long data series find evidence in favor of long-run PPP (by rejecting either the null hypothesis of unit roots in real exchange rates or the null of no cointegration between nominal exchange rates and relative prices.) These tests may have reached the wrong conclusion. Monte Carlo
提供机构:
美国国家经济研究局创建时间:
1996-07-01



