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http://bura.brunel.ac.uk/handle/2438/7088Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.author | Caporale, GM | - |
| dc.contributor.author | Gil-Alana, LA | - |
| dc.date.accessioned | 2013-01-07T11:12:29Z | - |
| dc.date.available | 2013-01-07T11:12:29Z | - |
| dc.date.issued | 2012 | - |
| dc.identifier.citation | Economics and Finance Working Paper, Brunel University, 12-27, Nov 2012 | en_US |
| dc.identifier.uri | http://bura.brunel.ac.uk/handle/2438/7088 | - |
| dc.description.abstract | This paper examines the PPP hypothesis in a number of Sub-Saharan countries by testing the order of integration in the log of their real exchange rate vis-à-vis the US dollar. I(d) techniques based on both asymptotic and finite sample results are used. The test results lead to the rejection of PPP in all cases: although orders of integration below 1 are found in fourteen countries, the unit root null cannot be rejected. | en_US |
| dc.description.sponsorship | This study is partly funded by the Ministerio de Ciencia y TecnologíaECO2011-2014 ECON Y FINANZAS, Spain) and from a Jeronimo de Ayanz project of the Government of Navarra. | en_US |
| dc.language.iso | en | en_US |
| dc.publisher | Brunel University | en_US |
| dc.subject | Purchasing Power Parity (PPP) | en_US |
| dc.subject | Fractional integration | en_US |
| dc.title | Testing the PPP hypothesis in the sub-Saharan countries | en_US |
| dc.type | Article | en_US |
| pubs.organisational-data | /Brunel | - |
| pubs.organisational-data | /Brunel/Brunel Active Staff | - |
| pubs.organisational-data | /Brunel/Brunel Active Staff/School of Social Sciences | - |
| pubs.organisational-data | /Brunel/Brunel Active Staff/School of Social Sciences/Economics and Finance | - |
| pubs.organisational-data | /Brunel/University Research Centres and Groups | - |
| pubs.organisational-data | /Brunel/University Research Centres and Groups/School of Social Sciences - URCs and Groups | - |
| pubs.organisational-data | /Brunel/University Research Centres and Groups/School of Social Sciences - URCs and Groups/Centre for Empirical Finance | - |
| Appears in Collections: | Economics and Finance Publications Dept of Economics and Finance Research Papers | |
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