| dc.contributor.author | Sweeney, Richard J. | swe |
| dc.contributor.author | Maican, Florin G. | swe |
| dc.date.accessioned | 2006-04-11 | swe |
| dc.date.accessioned | 2007-02-09T11:14:45Z | |
| dc.date.available | 2007-02-09T11:14:45Z | |
| dc.date.issued | 2006 | swe |
| dc.identifier.issn | 1403-2465 | swe |
| dc.identifier.uri | http://hdl.handle.net/2077/2715 | |
| dc.description.abstract | This paper presents unit-root test results for real exchange rates in ten Central and Eastern
European transition countries during 1993:01-2003:12. Because of the shift from controlled to
market economies and the accompanying crises, failed policy regimes and changes in exchange rate
regimes, appropriate tests in transition countries require allowing for both structural changes and
outliers. In both single-equation tests and panel tests with SUR techniques, the data reject the
unit-root null for the CEE countries. Accounting for structural breaks and outliers gives much
faster mean-reversion speeds than otherwise. | swe |
| dc.format.extent | 30 pages | swe |
| dc.format.extent | 263540 bytes | |
| dc.format.mimetype | application/pdf | |
| dc.language.iso | en | swe |
| dc.relation.ispartofseries | Working Papers in Economics, nr 202 | swe |
| dc.subject | Purchasing power parity; real exchange rate; Monte Carlo; unit root; transition countries; panel data. | swe |
| dc.title | Real Exchange Rate Adjustment In European Transition Countries | swe |
| dc.type.svep | Report | swe |
| dc.contributor.department | Department of Economics | swe |
| dc.gup.origin | Göteborg University. School of Business, Economics and Law | swe |
| dc.gup.epcid | 4841 | swe |
| dc.subject.svep | Economics | swe |
