Skip to main content
Article thumbnail
Location of Repository

Gibt es einen Weltrealzins

By Christian Dreger and Christian Schumacher


The article examines the validity of real interest parity as a long run condition for the G7 countries. According to the hypothesis, differences of real interest rates are stationary. The hypothesis is supported by the means of panel unit root tests. Compared with standard unit root tests, these procedures rely on a broader long run information set and are better suited to detect a false null hypothesis.

OAI identifier:

Suggested articles

To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.