Search: PPS

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RBA Glossary definition for PPS

PPS – Protected Payments System

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Figures and Tables

1 Nov 1988 RDP 8809
Graham Elliott and Colm Kearney
The. and PP critical values for the cointegrating case are unknown and excluded here as an extra guide. ... Perron and Phillips (PP). 6.61. 7.71. Stock and Watson (SW). 21.67.
https://www.rba.gov.au/publications/rdp/1988/8809/figures-and-tables.html

Empirical Evidence

1 Nov 1988 RDP 8809
Graham Elliott and Colm Kearney
These findings are backed up by the PP test. The cointegrating coefficient (α) is, at 0.934, close to the hypothesised value of unity whilst the constant is insignificantly different from
https://www.rba.gov.au/publications/rdp/1988/8809/empirical-evidence.html