Keywords
Affiliated Institutions
Related Publications
Cointegration and Tests of Purchasing Power Parity
Nonstationarity in the levels of spot exchange rates and domestic and foreign price indices makes the use of conventional tests of the absolute version of purchasing power parit...
Purchasing Power Parity Tests in Cointegrated Panels
This paper employs recently developed techniques for testing hypotheses in cointegrated panels to test the strong version of purchasing power parity for a panel of post Bretton ...
A Comparative Study of Unit Root Tests with Panel Data and a New Simple Test
The panel data unit root test suggested by Levin and Lin (LL) has been widely used in several applications, notably in papers on tests of the purchasing power parity hypothesis....
The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis
We consider the null hypothesis that a time series has a unit root with possibly nonzero drift against the alternative that the process is «trend-stationary». The interest is th...
Technological Opportunity and Spillovers of R&D: Evidence from Firms' Patents, Profits and Market Value
This paper presents evidence that firms' patents, profits and market value are systematically related to the "technological position' of firms' research programs.Further, firms ...
Publication Info
- Year
- 1997
- Type
- article
- Volume
- 43
- Issue
- 3-4
- Pages
- 313-332
- Citations
- 526
- Access
- Closed
External Links
Social Impact
Social media, news, blog, policy document mentions
Citation Metrics
Cite This
Identifiers
- DOI
- 10.1016/s0022-1996(96)01467-5