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EFI - The Economic Research Institute, Stockholm School of Economics >
SSE/EFI Working Paper Series in Economics and Finance, EFI - The Economic Research Institute, Stockholm School of Economics >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/56226
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Lyhagen, Johan | | en_US |
| dc.date.accessioned | | 2012-03-28T13:06:40Z | | - |
| dc.date.available | | 2012-03-28T13:06:40Z | | - |
| dc.date.issued | | 2000 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/56226 | | - |
| dc.description.abstract | | In this paper we show the consequences of applying a panel unit root test when testing for a purchasing power parity relationship. The distribution of the tests investigated, including the IPS test of Im et al (1997), are influenced by a common stochastic trend which is usually not accounted for. The result is that the size tends to one with the number of cross-sections. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Ekonomiska Forskningsinst. Stockholm | | en_US |
| dc.relation.ispartofseries | | SSE/EFI Working Paper Series in Economics and Finance 413 | | en_US |
| dc.subject.jel | | C12 | | en_US |
| dc.subject.jel | | C22 | | en_US |
| dc.subject.jel | | C23 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Dynamic panels | | en_US |
| dc.subject.keyword | | Monte Carlo | | en_US |
| dc.subject.keyword | | Purchasing power parity | | en_US |
| dc.subject.stw | | Kaufkraftparität | | en_US |
| dc.subject.stw | | Unit Root Test | | en_US |
| dc.subject.stw | | Theorie | | en_US |
| dc.title | | Why not use standard panel unit root test for testing PPP | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 333191765 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| Appears in Collections: | | SSE/EFI Working Paper Series in Economics and Finance, EFI - The Economic Research Institute, Stockholm School of Economics
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