Matches in SemOpenAlex for { <https://semopenalex.org/work/W2096436701> ?p ?o ?g. }
- W2096436701 abstract "The main focus of this paper is to measure the speed of adjustment of the exchange rate by means of the persistent profile approach developed by Pesaran and Shin (1996) to examine the symmetry and proportionality assumptions of the purchasing power parity (PPP) theory of exchange rates for the Pak-rupee vis-à-vis the US-dollar exchange rate over the period 1982Q2-2005Q4. Using cointegration and vector error-correction modeling approaches, we find considerable support for the validity of weak-form PPP in Pakistan. Furthermore, the symmetry and proportionality assumptions of PPP are not verified. In the short-run, the exchange rate and foreign prices play a significant role in the convergence process to achieve long-run equilibrium. However, the speed of adjustment is very slow and the persistence profiles suggest that almost 4-5 years are required to eliminate deviations and bring the nominal exchange rate in line with the long-run equilibrium path." @default.
- W2096436701 created "2016-06-24" @default.
- W2096436701 creator A5027488922 @default.
- W2096436701 creator A5075217056 @default.
- W2096436701 date "2008-01-01" @default.
- W2096436701 modified "2023-09-26" @default.
- W2096436701 title "Long-Run and Short-Run Dynamics of the Exchange Rate in Pakistan: Evidence From Unrestricted Purchasing Power Parity Theory" @default.
- W2096436701 cites W1523854737 @default.
- W2096436701 cites W1524638419 @default.
- W2096436701 cites W1562797122 @default.
- W2096436701 cites W1586313037 @default.
- W2096436701 cites W1587141723 @default.
- W2096436701 cites W1820823987 @default.
- W2096436701 cites W1960127097 @default.
- W2096436701 cites W1966910378 @default.
- W2096436701 cites W1968753909 @default.
- W2096436701 cites W1971393332 @default.
- W2096436701 cites W1972935096 @default.
- W2096436701 cites W1974689480 @default.
- W2096436701 cites W1979897566 @default.
- W2096436701 cites W1989891576 @default.
- W2096436701 cites W1993187497 @default.
- W2096436701 cites W2004182935 @default.
- W2096436701 cites W2004219925 @default.
- W2096436701 cites W2006344690 @default.
- W2096436701 cites W2006514733 @default.
- W2096436701 cites W2009817343 @default.
- W2096436701 cites W2012242180 @default.
- W2096436701 cites W2015349392 @default.
- W2096436701 cites W2017080498 @default.
- W2096436701 cites W2030027101 @default.
- W2096436701 cites W2036957908 @default.
- W2096436701 cites W2043041701 @default.
- W2096436701 cites W2044767606 @default.
- W2096436701 cites W2047612087 @default.
- W2096436701 cites W2047699299 @default.
- W2096436701 cites W2047782684 @default.
- W2096436701 cites W2052827830 @default.
- W2096436701 cites W2060643752 @default.
- W2096436701 cites W2061757686 @default.
- W2096436701 cites W2063808109 @default.
- W2096436701 cites W2066731192 @default.
- W2096436701 cites W2069005377 @default.
- W2096436701 cites W2069678080 @default.
- W2096436701 cites W2074231424 @default.
- W2096436701 cites W2076830389 @default.
- W2096436701 cites W2081139913 @default.
- W2096436701 cites W2090895063 @default.
- W2096436701 cites W2100043468 @default.
- W2096436701 cites W2107752252 @default.
- W2096436701 cites W2108297179 @default.
- W2096436701 cites W2124211743 @default.
- W2096436701 cites W2137639175 @default.
- W2096436701 cites W2146214900 @default.
- W2096436701 cites W2152512816 @default.
- W2096436701 cites W2153519755 @default.
- W2096436701 cites W2153873215 @default.
- W2096436701 cites W2170598684 @default.
- W2096436701 cites W2318251402 @default.
- W2096436701 cites W2467737625 @default.
- W2096436701 cites W2736567095 @default.
- W2096436701 cites W3121601727 @default.
- W2096436701 cites W3121888640 @default.
- W2096436701 cites W3122297411 @default.
- W2096436701 cites W3122766067 @default.
- W2096436701 cites W3123191687 @default.
- W2096436701 cites W3124036933 @default.
- W2096436701 cites W3125328161 @default.
- W2096436701 cites W3125585208 @default.
- W2096436701 cites W638309364 @default.
- W2096436701 doi "https://doi.org/10.35536/lje.2008.v13.i1.a2" @default.
- W2096436701 hasPublicationYear "2008" @default.
- W2096436701 type Work @default.
- W2096436701 sameAs 2096436701 @default.
- W2096436701 citedByCount "5" @default.
- W2096436701 countsByYear W20964367012014 @default.
- W2096436701 countsByYear W20964367012015 @default.
- W2096436701 countsByYear W20964367012021 @default.
- W2096436701 crossrefType "journal-article" @default.
- W2096436701 hasAuthorship W2096436701A5027488922 @default.
- W2096436701 hasAuthorship W2096436701A5075217056 @default.
- W2096436701 hasBestOaLocation W20964367011 @default.
- W2096436701 hasConcept C109888216 @default.
- W2096436701 hasConcept C113679137 @default.
- W2096436701 hasConcept C136236421 @default.
- W2096436701 hasConcept C145162277 @default.
- W2096436701 hasConcept C149782125 @default.
- W2096436701 hasConcept C154815372 @default.
- W2096436701 hasConcept C162324750 @default.
- W2096436701 hasConcept C175025494 @default.
- W2096436701 hasConcept C17744445 @default.
- W2096436701 hasConcept C183763965 @default.
- W2096436701 hasConcept C199539241 @default.
- W2096436701 hasConcept C204208750 @default.
- W2096436701 hasConcept C2776988154 @default.
- W2096436701 hasConcept C556758197 @default.
- W2096436701 hasConcept C69048361 @default.
- W2096436701 hasConcept C82843974 @default.
- W2096436701 hasConceptScore W2096436701C109888216 @default.
- W2096436701 hasConceptScore W2096436701C113679137 @default.