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| Mario Cerrato and Nick Sarantis |
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| ''Nonlinear Mean Reversion in Real Exchange Rates: Evidence from Developing and Emerging Market Economies'' |
| ( 2006, Vol. 6 No.7 ) |
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| We provide evidence on nonlinear mean reversion in the real exchange rates of developing and emerging market economies, using recently developed nonlinear unit root tests and a unique set of monthly data on black market exchange rates. |
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| Keywords: |
JEL: F3 - International Finance: General
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| Manuscript Received : Apr 07 2006 | | Manuscript Accepted : Jun 12 2006 |
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