Results 21 to 30 of about 99,447 (240)
Purchasing power parity: Evidence of long memory processes and fractional integration [PDF]
The Purchasing Power Parity (PPP) theory, which serves as a key to the determination of several models of exchange rates, suggests a long-term relationship between exchange rates and relative prices.
Nadhem Selmi, Nejib Hachicha
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ANALYSIS OF DETERMINANTS OF POOR POPULATION IN CENTRAL JAVA 2008-2017
One of the indicators socio-economic the success of development is a decrease in the number of poor people. Central Java is the province with the second largest number of poor people after East Java Province.
Ana Rahmawati Wibowo, Rifki Khoirudin
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Purchasing Power Parity Revisited [PDF]
This paper presents a selective survey on some recent empirical attempts to test the validity of Purchasing Power Parity (PPP) to explain exchange-rate movements in the main currencies, as well as the econometric methodology used in such tests. Finally, we offer some encouraging results regarding the forecastability of exchange rate using PPP.
Simón Sosvilla-Rivero, Emma García
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The purchasing power parity persistence paradigm [PDF]
Abstract Rogoff (Journal of Economic Literature 1996;34:647–668) describes the ‘remarkable consensus’ of 3–5 year half-lives of purchasing power parity deviations among studies using long-horizon data. These studies, however, focus on rejections of unit roots in real exchange rates and do not use appropriate techniques to measure persistence.
Christian J. Murray, David H. Papell
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Asymmetry in the Purchasing Power Parity in the Context of South Africa [PDF]
This paper investigated whether the purchasing power parity (PPP) hypothesis holds between South Africa and the United States of America and to determine if there is an asymmetry in the PPP from 1980 to 2020.
Reuben Jerome KISTEN +4 more
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Testing the Purchasing Power Parity Hypothesis: Case of ASEAN Economies
We examine the purchasing power parity (PPP) hypothesis of 10 members of ASEAN. A battery of panel unit root tests is employed on data series from January 1995 to January 2018 in order to search for validity of PPP in the period before the Great ...
Bekő Jani, Boršič Darja
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Coffee Index as Quick and Simple Indicator of Purchasing Power Parity [PDF]
Purchasing Power Parity is the corner stone of all international comparisons. Various approaches to Purchasing Power Parity, such as the Big Mac Index, KFC Index, iPad Index, Tall Latte Index or Ikea Index were popularized to the broader audience besides
Jakub Fischer, Hana Lipovská
doaj
Comparison of real development levels of countries: Genesis and perspectives [PDF]
Comparison of levels of development among countries is usually done by reducing values in national currencies with a common denominator, using the official exchange rate.
Prekajac Zora
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The Big Mac Standard: A Statistical Illustration [PDF]
We demonstrate a statistical procedure for selecting the most suitable empirical model to test an economic theory, using the example of the test for purchasing power parity based on the Big Mac Index.
Fujiki, Hiroshi, Kitamura, Yukinobu
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The paper is a survey of PPP theory and evidence prepared for the New Palgrave dictionary of economics. Following a statement of the absolute and relative versions of the theory, there is a brief sketch of the history of thought with emphasis on Cassel and the monetary approach. A theoretical part distinguishes structural and transitory deviations from
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