Ahmad Zubaidi Baharumshah (Avtor), Jani Bekő (Avtor), Darja Boršič (Avtor)

Povzetek

The empirical record on PPP tests for transition economies is far from being so opulent as it is for the developed market economies. This paper attempts to fill this gap by scrutinizing the theory of PPP on a sample of Central and Eastern European economies. The paper has two main advances with respect to previous PPP studies. First, it employs a monthly data base on real exchange rates for a panel of 12 Central and Eastern European economies by testing the theory separately with respect to US dollar and with respect to Euro. Second, we utilise a panel unit root test that involves the estimation of the ADF regression in a SUR framework. Since our study found support for the validity of PPP in some reforming European economies, special attention should be devoted to individual country-specific factors that cause PPP deviations.

Ključne besede

tečaj;valuta;devizni tečaji;makroekonomija;pariteta;kupna moč denarja;kupna moč;

Podatki

Jezik: Angleški jezik
Leto izida:
Tipologija: 1.08 - Objavljeni znanstveni prispevek na konferenci
Organizacija: UM EPF - Ekonomsko-poslovna fakulteta
UDK: 339.743
COBISS: 10765852 Povezava se bo odprla v novem oknu
ISSN: Y507-0651
Št. ogledov: 734
Št. prenosov: 126
Ocena: 0 (0 glasov)
Metapodatki: JSON JSON-RDF JSON-LD TURTLE N-TRIPLES XML RDFA MICRODATA DC-XML DC-RDF RDF

Ostali podatki

Sekundarni jezik: Slovenski jezik
Sekundarne ključne besede: pariteta kupne moči;realni menjalni tečaj;test stacionarnosti;tečaj;valuta;devizni tečaji;makroekonomija;pariteta;kupna moč denarja;kupna moč;
URN: URN:SI:UM:
Vrsta dela (COBISS): Znanstveno delo
Strani: Str. 184-193
ID: 10850525