期刊名称：Departmental Discussion Papers / University of Glasgow, Department of Economics
出版年度：2009
卷号：1
出版社：University of Glasgow, Department of Economics
摘要：The breakdown of the Bretton Woods system and the adoption of generalized
.oating exchange rates ushered in a new era of exchange rate volatility and uncer-
tainty. This increased volatility lead economists to search for economic models able
to describe observed exchange rate behavior. The present is a technical Appendix to
Cerrato et al. (2009) and presents detailed simulations of the proposed methodology
and additional empirical results.
关键词：unit root tests, threshold autoregressive models, purchasing power
parity.
