• Title of article

    Long-run equilibrium real exchange rates and oil prices

  • Author/Authors

    Kausik Chaudhuri، نويسنده , , Betty C. Daniel، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 1998
  • Pages
    8
  • From page
    231
  • To page
    238
  • Abstract
    Using cointegration and causality tests, this paper demonstrates that the nonstationary behavior of US dollar real exchange rates, over the post-Bretton Woods era, is due to the nonstationary behavior of real oil prices.
  • Keywords
    Cointegration: Causality , Purchasing power parity: Oil prices
  • Journal title
    Economics Letters
  • Serial Year
    1998
  • Journal title
    Economics Letters
  • Record number

    434499