1 resultado para multiple reaction model
em Scottish Institute for Research in Economics (SIRE) (SIRE), United Kingdom
Filtro por publicador
- Acceda, el repositorio institucional de la Universidad de Las Palmas de Gran Canaria. España (1)
- AMS Tesi di Dottorato - Alm@DL - Università di Bologna (4)
- ArchiMeD - Elektronische Publikationen der Universität Mainz - Alemanha (1)
- Archive of European Integration (1)
- Aston University Research Archive (12)
- Avian Conservation and Ecology - Eletronic Cientific Hournal - Écologie et conservation des oiseaux: (2)
- Biblioteca de Teses e Dissertações da USP (1)
- Biblioteca Digital da Produção Intelectual da Universidade de São Paulo (8)
- Biblioteca Digital da Produção Intelectual da Universidade de São Paulo (BDPI/USP) (82)
- Biblioteca Virtual del Sistema Sanitario Público de Andalucía (BV-SSPA), Junta de Andalucía. Consejería de Salud y Bienestar Social, Spain (8)
- Bioline International (1)
- BORIS: Bern Open Repository and Information System - Berna - Suiça (26)
- Brock University, Canada (11)
- Bulgarian Digital Mathematics Library at IMI-BAS (1)
- CentAUR: Central Archive University of Reading - UK (123)
- CiencIPCA - Instituto Politécnico do Cávado e do Ave, Portugal (2)
- Cochin University of Science & Technology (CUSAT), India (5)
- Collection Of Biostatistics Research Archive (1)
- Comissão Econômica para a América Latina e o Caribe (CEPAL) (1)
- Consorci de Serveis Universitaris de Catalunya (CSUC), Spain (40)
- Corvinus Research Archive - The institutional repository for the Corvinus University of Budapest (1)
- CUNY Academic Works (3)
- Department of Computer Science E-Repository - King's College London, Strand, London (2)
- Digital Archives@Colby (1)
- Digital Commons - Michigan Tech (1)
- Digital Commons at Florida International University (1)
- DigitalCommons - The University of Maine Research (1)
- DigitalCommons@The Texas Medical Center (5)
- Diposit Digital de la UB - Universidade de Barcelona (1)
- Doria (National Library of Finland DSpace Services) - National Library of Finland, Finland (30)
- DRUM (Digital Repository at the University of Maryland) (2)
- Duke University (1)
- FUNDAJ - Fundação Joaquim Nabuco (1)
- Glasgow Theses Service (1)
- Institutional Repository of Leibniz University Hannover (1)
- Instituto Politécnico do Porto, Portugal (14)
- Instituto Superior de Psicologia Aplicada - Lisboa (2)
- Lume - Repositório Digital da Universidade Federal do Rio Grande do Sul (2)
- Massachusetts Institute of Technology (2)
- National Center for Biotechnology Information - NCBI (8)
- Publishing Network for Geoscientific & Environmental Data (10)
- QUB Research Portal - Research Directory and Institutional Repository for Queen's University Belfast (2)
- Repositorio Académico de la Universidad Nacional de Costa Rica (1)
- Repositório Alice (Acesso Livre à Informação Científica da Embrapa / Repository Open Access to Scientific Information from Embrapa) (1)
- Repositório Científico da Universidade de Évora - Portugal (1)
- Repositório Científico do Instituto Politécnico de Lisboa - Portugal (9)
- Repositório da Produção Científica e Intelectual da Unicamp (9)
- Repositório digital da Fundação Getúlio Vargas - FGV (14)
- Repositório Digital da UNIVERSIDADE DA MADEIRA - Portugal (2)
- Repositório do Centro Hospitalar de Lisboa Central, EPE - Centro Hospitalar de Lisboa Central, EPE, Portugal (1)
- Repositório Institucional da Universidade Federal do Rio Grande - FURG (2)
- Repositório Institucional UNESP - Universidade Estadual Paulista "Julio de Mesquita Filho" (105)
- Repositorio Institucional Universidad EAFIT - Medelin - Colombia (1)
- RUN (Repositório da Universidade Nova de Lisboa) - FCT (Faculdade de Cienecias e Technologia), Universidade Nova de Lisboa (UNL), Portugal (6)
- Scielo Saúde Pública - SP (58)
- Scottish Institute for Research in Economics (SIRE) (SIRE), United Kingdom (1)
- Universidad de Alicante (2)
- Universidad del Rosario, Colombia (6)
- Universidad Politécnica de Madrid (9)
- Universidade do Minho (9)
- Universidade Federal do Pará (1)
- Universidade Federal do Rio Grande do Norte (UFRN) (5)
- Universitat de Girona, Spain (7)
- Universitätsbibliothek Kassel, Universität Kassel, Germany (2)
- Université de Lausanne, Switzerland (108)
- Université de Montréal, Canada (20)
- University of Connecticut - USA (2)
- University of Michigan (4)
- University of Queensland eSpace - Australia (62)
- University of Washington (1)
Resumo:
The large appreciation and depreciation of the US dollar in the 1980s stimulated an important debate on the usefulness of unit root tests in the presence of structural breaks. In this paper, we propose a simple model to describe the evolution of the real exchange rate. We then propose a more general smooth transition (STR) function than has hitherto been employed, which is able to capture structural changes along the (long-run) equilibrium path, and show that this is consistent with our economic model. Our framework allows for a gradual adjustment between regimes and allows for under- and/or over-valued exchange rate adjustments. Using monthly and quarterly data for up to twenty OECD countries, we apply our methodology to investigate the univariate time series properties of CPI-based real exchange rates with both the U.S. dollar and German mark as the numeraire currencies. The empirical results show that, for more than half of the quarterly series, the evidence in favour of the stationarity of the real exchange rate was clearer in the sub-sample period post-1980.