Results 261 to 270 of about 96,288 (300)

A nonparametric measure of convergence towards purchasing power parity [PDF]

Journal of Applied Econometrics, 2006
AbstractIt has been claimed that the deviations from purchasing power parity are highly persistent and have quite long half‐lives under the assumption of a linear adjustment of real exchange rates. However, inspired by trade cost models, nonlinear adjustment has been widely employed in recent empirical studies.
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Empirical determinants of purchasing power parity deviations

Journal of International Economics, 1986
Abstract This paper investigates the empirical determinants of purchasing power parity (PPP) deviations over the recent period of flexible exchange rates. Transitory PPP deviations arise in a world in which prices are sticky, but where exchange rates respond instantaneously to news.
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The Explosion of Purchasing Power Parity

2002
Survey of literature on PPP up to July 2000. Includes a geogetric analysis of PPP theory, issues related to deviations from parity and an examination of empirical evidence on PPP.
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Purchasing power parity: the choice of price index [PDF]

, 2005
Looking closely at the PPP argument, it states that the currencies purchasing power should not change when comparing the same basket goods across countries, and these goods should all be tradable. Hence, if PPP is valid at all, it should be captured by the relative price indices that best Öts these two features.
Terra, Maria Cristina T., Abreu, Ana Lucia Vahia de   +1 more
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Convergence of absolute purchasing power parity [PDF]

, 2015
In this paper, we study the convergence of 40 main bilateral real exchange rates (RERs) constructed by actual price levels to be consistent with absolute purchasing power parity (PPP), rather than by price indexes as used in popular studies. The time series ADF and KPSS unit root tests reveal that 39 RERs are stationary in their periods of about 60 ...
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Tests of purchasing power parity

2014
Master of ...
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Cointegration Tests of Purchasing Power Parity in Africa

World Development, 2003
Abstract Despite two decades of implementing economic reforms, there is still a significant gap between official and black market exchange rates in Africa. African policy makers continue to implement exchange rate policies based largely on the assumption that purchasing power parity (PPP) holds.
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A test of the purchasing power parity hypothesis

Applied Economics, 1995
The purchasing power parity (PPP) hypothesis is examined in the case of less developed countries. Although the issue has been debated extensively in the context of the developed countries, there has hardly been any study using the experience of the less developed countries.
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Pitfalls in panel tests of purchasing power parity

Weltwirtschaftliches Archiv, 1999
Pitfalls in Panel Tests of Purchasing Power Parity. —The results of panel unit root tests applied to real exchange rates as a test of long-run purchasing power parity (PPP) diverge much. In particular, due to misspecifications there is little evidence of the convergence of real exchange rates for the German mark.
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Flexible self-charging power sources

Nature Reviews Materials, 2022
Ruiyuan Liu, Zhong Lin Wang, Kenjiro Fukuda   +2 more
exaly