Testing for inflation convergence between the Euro Zone and its CEE partners

We investigate inflation convergence between the Euro Zone and its CEE partners using panel data methods that incorporate structural shifts. We find strong rejections of the unit root hypothesis, and therefore evidence of PPP, in the East-European countries for the 1995:1 to 2000:4 period.

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Year of publication:	2005-04-01
Authors:	Drine, Imed ; Rault, Christophe
Institutions:	William Davidson Institute, University of Michigan
Subject:	Purchasing power parity \| inflation convergence \| developing country \| panel unit-root tests allowing structural breaks

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Series:	William Davidson Institute Working Papers Series.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number wp768
Classification:	E31 - Price Level; Inflation; Deflation ; F0 - International Economics. General ; F31 - Foreign Exchange ; C15 - Statistical Simulation Methods; Monte Carlo Methods
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005677477