A New Test of the Real Interest Rate Parity Hypothesis: Bounds Approach and Structural Breaks

a structural survey of the polish posters

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the effect of functional/notional approach on the proficiency level of efl learners and its evaluation through functional test

in fact, this study focused on the following questions: 1. is there any difference between the effect of functional/notional approach and the structural approaches to language teaching on the proficiency test of efl learners? 2. can a rather innovative language test referred to as "functional test" ge devised so so to measure the proficiency test of efl learners, and thus be as much reliable an...

Purchasing Power Parity Hypothesis In OIC Countries: Evidence From Panel Unit Root Tests With Heterogeneous Structural Breaks

a synchronic and diachronic approach to the change route of address terms in the two recent centuries of persian language

terms of address as an important linguistics items provide valuable information about the interlocutors, their relationship and their circumstances. this study was done to investigate the change route of persian address terms in the two recent centuries including three historical periods of qajar, pahlavi and after the islamic revolution. data were extracted from a corpus consisting 24 novels w...

The Changing Performance of the Uncovered Interest Rate Parity Hypothesis and Monetary Policy

This paper test for multiple unknown breaks in UIP regressions for seven major currencies and the years 1980-98. For periods of EMS turbulence and crises we observe a switch from the “usual” negatively signed OLS slope coefficient to high positive values. This result can be nicely explained in the framework of McCallum’s (1994) monetary policy reaction model as a consequence of a decrease in th...