Testing for symmetry and proportionality in a European panel
Symmetry and proportionality for 15 European economies 1973 : 04-1998 : 12 is tested in a panel regression framework that allows for permanent shocks. Support is found for both restrictions and thus for general relative PPP in the US dollar but not the German mark panel.
Year of publication: |
2005
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Authors: | Coakley, Jerry ; Snaith, Stuart |
Published in: |
Applied Financial Economics. - Taylor & Francis Journals, ISSN 0960-3107. - Vol. 15.2005, 11, p. 745-752
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Publisher: |
Taylor & Francis Journals |
Saved in:
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