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Journals / Maliye Dergisi / 2010 / Sayı: 158

Stationarity of real exchange rates: An empirical analysis for E7 countries

Reel döviz kurlarının durağanlığı: E7 ülkeleri için ampirik bir inceleme

ŞEREF BOZOKLU
VELİ YILANCI
Pages
587–606
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

The results indicate no evidence for purchasing power parity except China and Mexico.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:The aim of this study is to analyse the validity of purchasing power parity for Brazil, China, India, Indonesia, Mexico, Russia and Turkey.
📊
Key Findings & Data:For this purpose, we employ a recently developed unit root test with structural breaks provided by Lanne et al. (2002) and Saikkonen and Lutkepohl (2002).
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Conclusion & Impact:The results indicate no evidence for purchasing power parity except China and Mexico.
🔬Design:Research Article
📍Scope:2002 Verileri
⚙️Variables:Domain Parameters

Abstract

The aim of this study is to analyse the validity of purchasing power parity for Brazil, China, India, Indonesia, Mexico, Russia and Turkey. For this purpose, we employ a recently developed unit root test with structural breaks provided by Lanne et al. (2002) and Saikkonen and Lutkepohl (2002). The results indicate no evidence for purchasing power parity except China and Mexico.

Özet

Bu çalışmanın amacı satın alma gücü paritesinin geçerliliğini Brezilya, Çin, Endonezya, Hindistan, Meksika, Rusya ve Türkiye için analiz etmektir. Bu amaçla, Lanne vd. (2002) ile Saikkonen ve Lutkepohl (2002) tarafından yakın zamanda geliştirilen yapısal kırılmalı birim kök testi kullanılarak, Çin ve Meksika dışındaki ülkelerde satın alma gücü paritesinin geçerli olmadığı sonucuna varılmıştır.

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Cite This Article

BOZOKLU, Ş., YILANCI, V. (2010). Stationarity of real exchange rates: An empirical analysis for E7 countries. Maliye Dergisi, Sayı: 158, 587–606. https://ajindex.com/articles/79091

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