Drine, Imed (contributor); Rault, Christophe (contributor) - 2007
characterize the long-run behavior of the real exchange rate. Further investigations indicate that the nature of the exchange rate … European
countries, PPP does not seem relevant to characterize the long-run behavior of the real
exchange rate. Further … parity, real exchange rate, developed country,
developing country, panel unit-root and cointegration tests …