2014
DOI: 10.14254/2071-789x.2014/7-1/3
|View full text |Cite
|
Sign up to set email alerts
|

Relative Purchasing Power Parity and the European Monetary Union: Evidence From Eastern Europe

Abstract: and Turkey versus Germany over the period January 1999 to May 2013. We investigate the real exchange rate by using a Dickey-Fuller test. Thereafter, we investigate the real exchange rate by allowing for a trend with the origin in the Balassa-Samuelson effect. We also investigate the same pairs using the Engle-Granger cointegration test. However, for the Engle-Granger cointegration test, four of the pairs are excluded as the nominal exchange rate and the price differential are not integrated by the same order. … Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
1
1
1
1

Citation Types

0
4
0

Year Published

2014
2014
2021
2021

Publication Types

Select...
5

Relationship

0
5

Authors

Journals

citations
Cited by 9 publications
(4 citation statements)
references
References 9 publications
0
4
0
Order By: Relevance
“…Among the papers related to monetary policy, Findreng (2014) investigates the synchronisation of some East European (including Albanian) and German economies to check whether they are ready for joining the European Monetary Union. Kola & Liko (2011) study determinant factors of inflation in Albania.…”
Section: Emerging Research Topicsmentioning
confidence: 99%
“…Among the papers related to monetary policy, Findreng (2014) investigates the synchronisation of some East European (including Albanian) and German economies to check whether they are ready for joining the European Monetary Union. Kola & Liko (2011) study determinant factors of inflation in Albania.…”
Section: Emerging Research Topicsmentioning
confidence: 99%
“…The impact of the international factor on inflation is mainly indicated by the exchange rate variable through a financial market mechanism in several countries. The effect of the exchange rate volatility on price level was found by (Findreng, 2014). Meanwhile, Fakher (2016) emphasizes the exchange rate as a determinant of inflation in selected Asian countries.…”
Section: Related Literaturementioning
confidence: 99%
“…The negative effects were demonstrated by the global financial crisis in past decade. Thus, the role of financial institutions is crucial (Zwolankowski, 2011, Findreng, 2014.…”
Section: Separated Intrinsic Goods Valuesmentioning
confidence: 99%