Time-Varying Thresholds : An Application to Purchasing Power Parity

An Application to Purchasing Power Parity

Time-Varying Thresholds : An Application to Purchasing Power Parity
This paper introduces a time-varying threshold autoregressive model (TVTAR), which is used to examine the persistence of deviations from PPP. We find support for the stationary TVTAR against the unit root hypothesis; however, for some developing countries, we do not reject the TVTAR with a unit root in the corridor regime. We calculate... READ MORE...

Publication date: September 2003
ISBN 9781451859218
$15.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

Paperback

Publication date: September 2003

PDF

Publication date: September 2003

ePub

Publication date: September 2003

Mobi

Publication date: September 2003

English