The role of structural breaks, nonlinearity and asymmetric adjustments in African bilateral real exchange rates

This paper examines the validity of the purchasing power parity, PPP for six African countries of Botswana, Ghana, Kenya, Nigeria, South Africa and Tanzania using the countries' bilateral real exchange rates with their fifteen major trading partners for the period 1960–2011. It uses the Lagrang...

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Bibliographic Details
Main Authors: Ahmad Hassan Ahmad, Olalekan B. Aworinde
Format: Default Article
Published: 2017
Subjects:
Other economics not elsewhere classified
Public-Private Partnerships
Bilateral exchange rates
LM test
Structural breaks
Asymmetric cointegration
Africa
Economics not elsewhere classified
Online Access:https://hdl.handle.net/2134/21426
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