Chang, Hsu-Ling; Liu, De-Chih; Su, Chi-Wei - In: Applied Economics 44 (2012) 32, pp. 4249-4256
This study applies stationary test with a Fourier function proposed by Enders and Lee (2004, 2009) to test the validity of long-run Purchasing Power Parity (PPP) to assess the nonstationary properties of the Real Exchange Rate (RER) for seven Central and Eastern European Countries (CEECs). We...