Some recent time series studies testing the stationarity of real exchange rates (RERs)
produce conflicting results. Using nonlinear unit root tests and recursive analysis, this paper …

This paper revisits some key topics in the literature on purchasing power parity (PPP). The
study applies a set of newly developed unit root tests, which account for both nonlinearity …

In this study the stationarity of monthly real exchange rate data for the “fragile five” countries
which are among the emerging market economies, is analyzed for the period of 2003: 01 …

In this study, we applied a threshold cointegration test to investigate the properties of
asymmetric adjustment on long-run purchasing power parity (PPP) in nine transition …

The model we propose includes variables accounting for the behavioral aspects of decision-
making in the currency markets, namely the contagion effect between countries in the same …

The validity of purchasing power parity (PPP) between two economies implies goods
markets of the two are well integrated. This is a pre-condition for further economic …

This study applies the stationarity test with a Fourier function proposed by Becker et al. to
test the validity of long-run purchasing power parity (PPP) in a sample of transition countries …

Purchasing Power Parity has most likely been one of the most investigated issues of the last
decades within economic literature. The results from such studies are not consistent and not …

In this article, the authors carried out an empirical analysis of the validity of purchasing
power parity (PPP) in Slovenia, Croatia, the Czech Republic, Slovakia and Austria. The …

The purpose of the paper is to evaluate the validity of purchasing power parity (PPP) for
eight countries from the Emerging Europe: Hungary, Czech Republic, Poland, Romania …