Testing PPP for Central American real exchange rates. Evidence from new panel data stationary tests with structural breaks

Jean-François Hoarau

Economics Bulletin, 2008, vol. 6, issue 21, 1-5

Abstract: The new panel data stationary test with multiple structural breaks developed by Carrion-i-Silvestre, Del Barrio-Castro and Lopez-Bazo (2005) is used along with standard stationary tests to study the long-run PPP hypothesis in a set of six Central American countries for the period 1976:1-2006:4. Contrary to standard tests, this new procedure provides strong support for PPP.

JEL-codes: F3 (search for similar items in EconPapers)
Date: 2008-05-19
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.accessecon.com/pubs/EB/2008/Volume6/EB-08F30007A.pdf (application/pdf)

Related works:
Working Paper: Testing PPP for Central American real exchange rates. Evidence from new panel data stationary tests with structural breaks (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-08f30007

Access Statistics for this article

More articles in Economics Bulletin from AccessEcon
Bibliographic data for series maintained by John P. Conley ().