TY - JOUR
T1 - Purchasing power parity versus the EU in the Mediterranean countries
AU - Camarero, Mariam
AU - Cuestas, Juan Carlos
AU - Ordóñez, Javier
PY - 2006
Y1 - 2006
N2 - This study applies a group of unit root and stationarity tests to study the hypothesis of Purchasing Power Parity in ten Mediterranean countries. The real effective exchange rate with the European Union turns out to be stationary for five of the countries analysed, once the presence of structural changes and nonlinearities are accounted for.
AB - This study applies a group of unit root and stationarity tests to study the hypothesis of Purchasing Power Parity in ten Mediterranean countries. The real effective exchange rate with the European Union turns out to be stationary for five of the countries analysed, once the presence of structural changes and nonlinearities are accounted for.
UR - http://dx.doi.org/10.1080/09603100500390620
U2 - 10.1080/09603100500390620
DO - 10.1080/09603100500390620
M3 - Article
SN - 0960-3107
VL - 16
SP - 157
EP - 167
JO - Applied Financial Economics
JF - Applied Financial Economics
IS - 1-2
ER -