• Linear or Nonlinear Cointegration in the Purchasing Power Parity Relationship? 

    Haug, Alfred A.; Basher, Syed Abul
    We test long-run PPP within a general model of cointegration of linear and nonlinear form. Nonlinear cointegration is tested with rank tests of Breitung (2001). We determine first the order of integration of each variable, ...
  • Oil Prices, Exchange Rates and Emerging Stock Markets 

    Basher, Syed Abul; Haug, Alfred A.; Sadorsky, Perry
    While two different streams of literature exist investigating 1) the relationship between oil prices and emerging market stock prices and 2) oil prices and exchange rates, relatively little is known about the relationship ...