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Relative Labor Productivity and the Real Exchange Rate in the Long Run: Evidence for a Panel of OECD Countries
16 references·16 citing·34 second hopsampled
Relative Labor Productivity and the Real Exchange Rate in the Long Run: Evidence for a Panel of OECD Countries (1996)Relative Labor Productivity and the Real …Testing for unit roots in heterogeneous panels (2003)Testing for unit roots in het…Searching for stationarity: Purchasing power parity under the current float (1997)Searching for stationarity: P…A panel project on purchasing power parity: Mean reversion within and between countries (1996)A panel project on purchasing…Unit Root Tests in ARMA Models with Data-Dependent Methods for the Selection of the Truncation Lag (1995)Unit Root Tests in ARMA Model…Testing for Unit Roots in Heterogeneous Panels (1995)Testing for Unit Roots in Het…Testing for a Unit Root in Time Series With Pretest Data-Based Model Selection (1994)Testing for a Unit Root in Ti…Perspectives on PPP and Long-Run Real Exchange Rates (1994)Perspectives on PPP and Long-…International Evidence on Tradables and Nontradables Inflation (1994)International Evidence on Tra…Automatic Lag Selection in Covariance Matrix Estimation (1994)Automatic Lag Selection in Co…Statistical Inference in Instrumental Variables Regression with I(1) Processes (1990)Statistical Inference in Inst…Asymptotic Properties of Residual Based Tests for Cointegration (1990)Asymptotic Properties of Resi…Testing for a Unit Root in Time Series Regression (1988)Testing for a Unit Root in Ti…Co-Integration and Error Correction: Representation, Estimation, and Testing (1987)Co-Integration and Error Corr…Distribution of the Estimators for Autoregressive Time Series with a Unit Root (1979)Distribution of the Estimator…Theoretical Notes on Trade Problems (1964)Theoretical Notes on Trade Pr…The Purchasing-Power Parity Doctrine: A Reappraisal (1964)The Purchasing-Power Parity D…A COINTEGRATION ANALYSIS FOR THE VALIDITY OF PURCHASING POWER PARITY: EVIDENCE FROM MIDDLE EAST COUNTRIES (2022)A COINTEGRATION ANALYSIS FOR …China's Current Account and Exchange Rate (2009)China's Current Account and E…The Overvaluation of Renminbi Undervaluation (2007)The Overvaluation of Renminbi…Pricing-to-Market and the Failure of Absolute PPP (2007)Pricing-to-Market and the Fai…Testing long-run purchasing power parity under exchange rate targeting (2005)Testing long-run purchasing p…Price Level Convergence Among United States Cities: Lessons for the European Central Bank (2000)Price Level Convergence Among…Potential Pitfalls for the Purchasing-Power-Parity Puzzle? Sampling and Specification Biases in Mean-Reversion Tests of the Law of One Price (2000)Potential Pitfalls for the Pu…What do We Really Know about Real Exchange Rates? (1999)What do We Really Know about …Productivity, Government Spending and the Real Exchange Rate: Evidence for OECD Countries (1999)Productivity, Government Spen…Productivity differentials, the relative price of non-tradables and real exchange rates (1999)Productivity differentials, t…Persistence in International Inflation Rates (1999)Persistence in International …Nominal Exchange Rates and Monetary Fundamentals: Evidence from a Small Post-Bretton Woods Panel (1999)Nominal Exchange Rates and Mo…Global Equilibrium Exchange Rates: Euro, Dollar, 'Ins,' 'Outs,' and Other Major Currencies in a Panel Cointegration Framework (1999)Global Equilibrium Exchange R…Increasing evidence of purchasing power parity over the current float (1998)Increasing evidence of purcha…Nonlinear Aspects of Goods-Market Arbitrage and Adjustment: Heckscher's Commodity Points Revisited (1997)Nonlinear Aspects of Goods-Ma…Gains from International Monetary Policy Coordination: Does It Pay to Be Different?Gains from International Mone…A Monetary History of the United States 1867-1960 (1964)Time Series Analysis Forecasting and Control. (1971)Time Series Analysis: Forecasting and Control (1977)Statistical analysis of cointegration vectors (1988)Bounds testing approaches to the analysis of level relationships (2001)Time Series Regression with a Unit Root (1987)Inference in Linear Time Series Models with some Unit Roots (1990)A Simple Estimator of Cointegrating Vectors in Higher Order Integrated Systems (1993)An Autoregressive Distributed-Lag Modelling Approach to Cointegration Analysis (2012)Modelling Asymmetric Cointegration and Dynamic Multipliers in a Nonlinear ARDL Framework (2014)Testing for Unit Roots in Autoregressive-Moving Average Models of Unknown Order (1984)The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis (1989)Further evidence on breaking trend functions in macroeconomic variables (1997)Testing for Error Correction in Panel Data* (2007)Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root (1981)Trends and random walks in macroeconmic time series (1982)Testing the null hypothesis of stationarity against the alternative of a unit root (1992)A simple panel unit root test in the presence of cross‐section dependence (2007)Distribution of the Estimators for Autoregressive Time Series With a Unit Root (1979)A Comparative Study of Unit Root Tests with Panel Data and a New Simple Test (1999)Unit root tests in panel data: asymptotic and finite-sample properties (2002)MONEY, INCOME, AND CAUSALITY (1972)Generalized autoregressive conditional heteroskedasticity (1986)Heteroskedasticity and Autocorrelation Consistent Covariance Matrix Estimation (1991)Have Individual Stocks Become More Volatile? An Empirical Exploration of Idiosyncratic Risk (2001)Individualism and Momentum around the World (2010)Sentiment During Recessions (2012)The Purchasing Power Parity Puzzle (1996)Was Weber Wrong? A Human Capital Theory of Protestant Economic History * (2009)The Next Generation of the Penn World Table (2015)Spurious regression and residual-based tests for cointegration in panel data (1999)PANEL COINTEGRATION: ASYMPTOTIC AND FINITE SAMPLE PROPERTIES OF POOLED TIME SERIES TESTS WITH AN APPLICATION TO THE PPP HYPOTHESIS (2004)MAXIMUM LIKELIHOOD ESTIMATION AND INFERENCE ON COINTEGRATION — WITH APPLICATIONS TO THE DEMAND FOR MONEY (1990)Economic Growth in a Cross Section of Countries (1989)
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References

  • 1987Co-Integration and Error Correction: Representation, Estimation, and Testing31,983 cited
  • 1979Distribution of the Estimators for Autoregressive Time Series with a Unit Root23,183 cited
  • 1988Testing for a Unit Root in Time Series Regression19,288 cited
  • 2003Testing for unit roots in heterogeneous panels15,333 cited
  • 1990Statistical Inference in Instrumental Variables Regression with I(1) Processes4,930 cited
  • 1994Automatic Lag Selection in Covariance Matrix Estimation3,242 cited
  • 1964The Purchasing-Power Parity Doctrine: A Reappraisal3,198 cited
  • 1964Theoretical Notes on Trade Problems2,449 cited
  • 1990Asymptotic Properties of Residual Based Tests for Cointegration1,980 cited
  • 1995Unit Root Tests in ARMA Models with Data-Dependent Methods for the Selection of the Truncation Lag1,459 cited
  • 1994Perspectives on PPP and Long-Run Real Exchange Rates742 cited
  • 1994Testing for a Unit Root in Time Series With Pretest Data-Based Model Selection701 cited
  • 1996A panel project on purchasing power parity: Mean reversion within and between countries681 cited
  • 1994International Evidence on Tradables and Nontradables Inflation660 cited
  • 1995Testing for Unit Roots in Heterogeneous Panels

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564 cited
  • 1997Searching for stationarity: Purchasing power parity under the current float526 cited
  • Cited by

    • 2007The Overvaluation of Renminbi Undervaluation143 cited
    • 1999Persistence in International Inflation Rates125 cited
    • 1998Increasing evidence of purchasing power parity over the current float124 cited
    • 2009China's Current Account and Exchange Rate118 cited
    • 1999Global Equilibrium Exchange Rates: Euro, Dollar, 'Ins,' 'Outs,' and Other Major Currencies in a Panel Cointegration Framework115 cited
    • 1997Nonlinear Aspects of Goods-Market Arbitrage and Adjustment: Heckscher's Commodity Points Revisited103 cited
    • 1999Nominal Exchange Rates and Monetary Fundamentals: Evidence from a Small Post-Bretton Woods Panel96 cited
    • 2000Potential Pitfalls for the Purchasing-Power-Parity Puzzle? Sampling and Specification Biases in Mean-Reversion Tests of the Law of One Price86 cited
    • 2022A COINTEGRATION ANALYSIS FOR THE VALIDITY OF PURCHASING POWER PARITY: EVIDENCE FROM MIDDLE EAST COUNTRIES82 cited
    • 1999What do We Really Know about Real Exchange Rates?74 cited
    • 2005Testing long-run purchasing power parity under exchange rate targeting63 cited
    • 2000Price Level Convergence Among United States Cities: Lessons for the European Central Bank61 cited
    • 2007Pricing-to-Market and the Failure of Absolute PPP60 cited
    • 1999Productivity, Government Spending and the Real Exchange Rate: Evidence for OECD Countries59 cited
    • 1999Productivity differentials, the relative price of non-tradables and real exchange rates57 cited
    • n.d.Gains from International Monetary Policy Coordination: Does It Pay to Be Different?53 cited