Purchasing Power Parity Hypothesis in Developing Economies:Some Empirical Evidence from Sri Lanka [PDF]
Purchasing power parity (PPP) hypothesis has attracted a lot of attention from academics and policy-makers particularly, during the recent float. Most previous studies used data from the developed world.
Guneratne Banda Wickremasinghe
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Arbitrage and efficient markets interpretations of purchasing power parity: theory and evidence [PDF]
Purchasing power parity ; Foreign ...
John Pippenger
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Panel unit root tests of purchasing power parity hypothesis: Evidence from Turkey [PDF]
In this paper, we employ some front page panel unit root tests to examine the validity of the purchasing power parity hypothesis in Turkey. Using monthly observations panel data of nine major county’s currency dates January 2003 through April 2010, we ...
Gozgor, Giray
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Long-Run Purchasing Power Parity with Asymmetric Adjustment: Evidence from Mainland China and Taiwan [PDF]
This study applies threshold cointegration test advanced by Enders and Siklos (2001) to investigate the properties of asymmetric adjustment in long-run purchasing power parity (PPP) for both Mainland China and Taiwan during the January 1986 to October ...
Chang, Tsangyao +2 more
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In Search for a Measure of Currency Misalignment: the Case of the 1997 Asian Currency Crisis
East Asian Economic Review, 2000 The paper searches for an appropriate measure of currency misalignment in light of the 1997 Asian currency crisis. A couple of measures of currency misalignment, one based on purchasing power parity and the other based on equilibrium real exchange rate ...
Daekeun Park
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Purchasing Power Parity Revisited: A Time-Varying Parameter Approach [PDF]
We re-examine the validity of Purchasing Power Parity (PPP) proposition using Taylor's (2002) data set. Applying the Kalman filter process, our findings not only demonstrate the strong instability in the relationship between the dollar denominated ...
Erdinc Telatar, Tarkan Cavusoglu
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A Century of Purchasing-Power Parity [PDF]
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
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Modeling purchasing power parity using co-integration: evidence from Turkey [PDF]
In this study, we consruct a co-integration model of the Turkish economy using high frequency data to examine the validity of the purchasing power parity (PPP) theory.
Levent, Korap
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Purchasing Power Parity and the Real Exchange Rate in Bangladesh: A Nonlinear Analysis [PDF]
The long-run purchasing power parity (PPP) hypothesis is examined using data for Bangladesh and its major trading partners - the US, Euro area, Japan and India - during the period 1994 to 2002. We apply recently developed nonlinear econometric techniques
Ibrahim Chowdhury
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Purchasing Power Parity and the Fractional Integration of the Real Exchange Rate: New Evidence for Less Developed Countries [PDF]
This study tests for relative purchasing power parity for a sample of thirty less developed countries. The empirical analysis is based on testing for the fractional integration of real exchange rates.
Mark J. Holmes
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