Gozgor, Giray (2011): Panel unit root tests of purchasing power parity hypothesis: Evidence from Turkey. Published in: International Research Journal of Finance and Economics No. 51 (5. January 2011): pp. 136-140.
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In this paper, we employ some front page panel unit root tests to examine the validity of the purchasing power parity hypothesis in Turkey. Using monthly observations panel data of nine major county’s currency dates January 2003 through April 2010, we find that panel unit root tests are not rejected the mean-reversion of real exchange rates. Thus, the empirical results indicate significant support for the purchasing power parity holds in Turkey
|Item Type:||MPRA Paper|
|Original Title:||Panel unit root tests of purchasing power parity hypothesis: Evidence from Turkey|
|English Title:||Panel unit root tests of purchasing power parity hypothesis: Evidence from Turkey|
|Keywords:||Purchasing Power Parity, Real Exchange Rates, Panel Unit Root Tests, Floating Exchange Rates|
|Subjects:||F - International Economics > F3 - International Finance > F31 - Foreign Exchange|
|Depositing User:||Giray Gozgor|
|Date Deposited:||28. Oct 2011 22:29|
|Last Modified:||12. Feb 2013 08:41|
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