| 000 -LEADER |
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| fixed length control field |
01049pab a2200157 454500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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| fixed length control field |
180718b2002 xxu||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
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| Personal name |
Kohli, Renu |
| 245 ## - TITLE STATEMENT |
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| Title |
Real exchange rate stationarity in managed floats: evidence from India. |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. |
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| Date of publication, distribution, etc. |
2002 |
| 300 ## - PHYSICAL DESCRIPTION |
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| Extent |
p.475-82 |
| 362 ## - DATES OF PUBLICATION AND/OR SEQUENTIAL DESIGNATION |
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| Dates of publication and/or sequential designation |
2 Feb |
| 520 ## - SUMMARY, ETC. |
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| Summary, etc. |
The paper tests for mean-reversion in real exchange rates for India during the recent float period. Using unit root tests with improved power, we test for stationarity of the real exchange rate, using several definitions of the real exchange rate. We also conduct cointegration and variance ratio tests to complement the evidence from unit root tests. We find evidence of mean-reversion in th real exchange rate series constructed with the consumer price index as deflator, as well as for a series constructed using the ratio of wholesale and consumer price indices to proxy for the shares of tradable and non-tradable goods. - Reproduced. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name entry element |
Exchange rates |
| 773 ## - HOST ITEM ENTRY |
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| Main entry heading |
Economic and Political Weekly |
| 909 ## - |
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| -- |
51201 |
