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Violating purchasing power parity. [PDF]

open access: yesSSRN Electronic Journal, 2004
This paper demonstrates that deviations from the law of one price are an important source of violations of absolute PPP across countries. Using highly disaggregated U.S.
Geoorge Alessandria, Joseph Kaboski
core   +3 more sources

The Purchasing Power Parity Debate [PDF]

open access: yesJournal of Economic Perspectives, 2004
Originally propounded by the sixteenth-century scholars of the University of Salamanca, the concept of purchasing power parity (PPP) was revived in the interwar period in the context of the debate concerning the appropriate level at which to re-establish
Alan M. Taylor, Mark P. Taylor
core   +7 more sources

Some evidence of purchasing power parity [PDF]

open access: yesThe Open Economics Journal, 2008
Empirical support for purchasing power parity is mixed with results dependent on the time frame and countries under examination, the methodology employed, attempts to control for aggregation bias in the data, and whether adjustments are made to account ...
Sephton, Peter S.
core   +4 more sources

Pairwise tests of purchasing power parity [PDF]

open access: yesEconometric Reviews, 2009
Given nominal exchange rates and price data on N + 1 countries indexed by i = 0,1,2,…, N, the standard procedure for testing purchasing power parity (PPP) is to apply unit root or stationarity tests to N real exchange rates all measured relative to a ...
Anderson J.   +29 more
core   +4 more sources

PURCHASING POWER PARITY AND TURKISH LIRA

open access: yesSosyal Ekonomik Araştırmalar Dergisi, 2002
Bu çalışma satın alma paritesi üzerine bir literature taraması yapmakta ve argümanla ilgili ampirik bulguları kapsamaktadır. Satın alma paritesi argümanının sadece uzun dönem için geçerli olduğu görülmüştür.
İsmail SEYREK
doaj   +7 more sources

A Century of Purchasing-Power Parity [PDF]

open access: yesReview of Economics and Statistics, 2002
This paper investigates purchasing-power parity (PPP) since the late nineteenth century. I collected data for a group of twenty countries over one hundred years, a larger historical panel of annual data than has ever been studied before. The evidence for
Alan M. Taylor
core   +3 more sources

THE VALIDITY OF THE PURCHASING POWER PARITY HYPOTHESIS IN OECD COUNTRIES: EVIDENCE FROM THE FOURIER TEST / OECD Ülkelerinde Satın Alma Gücü Paritesi Hipotezinin Geçerliliği: Fourier Testinden Kanıtlar

open access: yesUluslararası Ekonomi, İşletme ve Politika Dergisi, 2021
According to purchasing power parity (PPP), the nominal exchange rate between the two currencies should be equal to the ratio of the total price levels between the two countries.
Süreyya İmre
doaj   +1 more source

Analisis Kurs Valas Dengan Pendekatan Box-Jenkins: Studi Empiris Rp/Us$ Dan Rp/Yen, 1983.2 – 2000.3

open access: yesEconomic Journal of Emerging Markets, 2009
This paper attempts to analyse Rp/US$ and Rp/Yen exchange rates over the period 1983.2-2000.3. Using the Box-Jenkins approach, we tested various models to explain the behavior of Rp/US$ and Rp/Yen.
Hadi Kardoyo, Mudrajat Kuncoro
doaj   +7 more sources

Using Purchasing Power Parity to Assess Construction Productivity

open access: yesConstruction Economics and Building, 2010
For many reasons comparing construction productivity between countries is a difficult task. One key problem is that of converting construction costs to a common currency.
Rick Best
doaj   +5 more sources

TESTING THE PURCHASING POWER PARITY HYPOTHESIS FOR BRICS: EVIDENCE FROM THE FOURIER UNIT ROOT AND COINTEGRATION TEST

open access: yesMehmet Akif Ersoy Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 2021
This study is a review of the purchasing power parity hypothesis applied to BRICS countries (Brazil, Russia, India, China, and South Africa). For each country, time series based on a Fourier perspective were applied.
Tuncer Gövdeli, Serpil Sumer
doaj   +1 more source

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