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Purchasing Power Parity among developing countries and their trade-partners. Evidence from selected CEECs and Implications for their membership of EU.

Giannellis, Nikolaos; Papadopoulos, Athanasios - Department of Economics, University of Crete - 2006

The purpose of the paper is twofold. Firstly, we test the validity of the PPP hypothesis for selected CEEC (Czech … find stronger evidence of PPP from the latter test. Moreover, any failure to accept PPP cannot be attributed to structural … breaks, apart from one case (between Czech Republic and EU). In overall, there is evidence of strong-form PPP in 6 out of the …

Persistent link: https://www.econbiz.de/10005040057

Oil prices and the US effective exchange rate : a hidden cointegration analysis

Rafailidis, Panagiotis; Katrakilides, K. - In: Economics and Business Letters : EBL 5 (2016) 4, pp. 134-144

Persistent link: https://www.econbiz.de/10011715968

Purchasing Power Parity among developing countries and their trade-partners. Evidence from selected CEECs and Implications for their membership of EU.

Giannellis, Nikolaos; Papadopoulos, Athanasios P. - Money Macro and Finance Research Group - 2007

The purpose of the paper is twofold. Firstly, we test the validity of the PPP hypothesis for selected CEEC (Czech … stronger evidence of PPP from the latter test. Moreover, any failure to accept PPP cannot be attributed to structural breaks …, apart from one case (between Czech Republic and EU). In overall, there is evidence of strong-form PPP in 6 out of the 8 …

Persistent link: https://www.econbiz.de/10004975703

Crucial exchange rate parity. Evidence for Mexico

Loría, Eduardo; Salas, Emmanuel - In: The North American Journal of Economics and Finance 24 (2013) C, pp. 101-112

, which validates PPP condition in absolute terms. These results are crucial to analyze the possible long run exchange effects …

Persistent link: https://www.econbiz.de/10011056680

Misalignment under different exchange rate regimes: the case of Turkey

Dağdeviren, Sengül; Ogus Binatli, Ayla; Sohrabji, Niloufer - Volkswirtschaftliche Fakultät, … - 2011

The paper examines misalignment of the Turkish lira between 1998 to 2008. Misalignment, specifically overvaluation has been linked to fixed exchange rate regimes. By studying the case of Turkey during this period which covers both a fixed and floating exchange rate regime, we contribute to the...

Persistent link: https://www.econbiz.de/10011111300

Misalignment Under Different Exchange Rate Regimes: the Case of Turkey

Dagdeviren, Sengül; Ayla Ogu? Binatli; Sohrabji, Niloufer - In: Economie Internationale (2012) 130, pp. 81-98

The paper examines misalignment of the Turkish lira between 1998 and 2011. We first estimate the equilibrium real exchange rate for Turkey, then compute misalignment and finally test for structural breaks in the misalignment series. Through our tests we find three structural regimes. Our results...

Persistent link: https://www.econbiz.de/10010827712

On Trade Balance and Exchange Rates: Further Evidence from China’s Bilateral Trade - La bilancia commerciale e i tassi di cambio: ulteriori evidenze dalle bilance commerciali bilaterali cinesi

Mohammadi, Hassan; Yue, Kan - In: Economia Internazionale / International Economics 65 (2012) 4, pp. 581-604

We investigate long-run relations and short-run dynamics between China’s bilateral trade balance and real exchange rates with thirteen major trading partners over 1981-2008. Maximum likelihood tests of cointegration reveal no evidence of significant long-run relationship between the two...

Persistent link: https://www.econbiz.de/10010991454

How stable are monetary models of the dollar-euro exchange rate? : a time-varying coefficient approach

Beckmann, Joscha; Belke, Ansgar; Kühl, Michael - 2009

This paper examines the significance of different fundamental regimes by applying various monetary models of the exchange rate to one of the politically most important exchange rates, the exchange rate of the US dollar vis-à-vis the euro (the DM). We use monthly data from 1975:01 to 2007:12....

Persistent link: https://www.econbiz.de/10010207061

Currency substitution and exchange rate volatility in Nigeria : an autoregressive distributed lag approach

Ajibola, Isaiah O.; Udoette, Sylvanus U.; Muhammad, Rabia A. - In: CBN journal of applied statistics 11 (2020) 2, pp. 1-28

This study investigates the relationship between exchange rate volatility and cur-rency substitution in Nigeria, using Autoregressive Distributed Lag (ARDL) model.After accounting for the presence of structural breaks, evidence from the findingsshows that domestic interest rate and expected...

Persistent link: https://www.econbiz.de/10012513264

Estimating the economic effects of deregulation: Evidence from the Turkish airline industry

Çetin, Tamer; Eryiğit, Kadir Y. - 2015

This paper mainly studies the effect of deregulation on prices and quantity. For this aim, we employ cointegration methodology with structural breaks to empirically investigate the simultaneous relationship between deregulation, ticket prices, and the number of passengers in the Turkish airline...

Persistent link: https://www.econbiz.de/10011440116