Results 1 to 10 of about 14,492 (288)
Pairwise Tests of Purchasing Power Parity [PDF]
Econometric 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 base country, 0, often taken to be the U.S. Such a procedure is sensitive to the choice of base country,
M Hashem Pesaran +2 more
exaly +4 more sources
The Purchasing Power Parity Debate [PDF]
Journal 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 international exchange rate parities.
Taylor, Alan M., Taylor, Mark P
core +9 more sources
A Century of Purchasing-Power Parity [PDF]
Review 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 100 years, a larger historical panel of annual data than has ever been studied. The evidence for long-run PPP is favorable using recent multivariate and univariate tests of higher power.
Alan M. Taylor
openaire +3 more sources
PURCHASING POWER PARITY AND TURKISH LIRA
Sosyal 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
Uluslararası 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
Economic 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
Violating Purchasing Power Parity [PDF]
SSRN 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. export data, we document evidence of systematic international price discrimination based on the local wage of consumers in the destination market.
George Alessandria, Joseph P. Kaboski
openaire +2 more sources
Using Purchasing Power Parity to Assess Construction Productivity
Australasian Journal of Construction 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
Validity test of purchasing power parity doctrine: An Indonesian case study
Economic Journal of Emerging Markets, 2016 The goal of this study is to analyze the doctrine purchasing power parity (PPP) in Indonesia with the case study of the rupiah exchange rate to U.S. dollar.
Sahabudin Sidiq, Herawati Herawati
doaj +13 more sources
Mehmet 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