Results 41 to 50 of about 99,447 (240)
Threshold stationary real exchange rates: a nonlinear, multivariate approach [PDF]
Purchasing power parity implies that real exchange rates are stationary. However, the finding of nonstationary real exchange rates has been difficult to dismiss.
Philip Shively
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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
core +1 more source
Arbitrage and efficient markets interpretations of purchasing power parity: theory and evidence [PDF]
Purchasing power parity ; Foreign ...
John Pippenger
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International pricing in new open-economy models [PDF]
Prices ; Purchasing power ...
Margarida Duarte
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Pricing-to-market, trade costs, and international relative prices [PDF]
International relative prices across industrialized countries show large and systematic deviations from relative purchasing power parity. We embed a model of imperfect competition and variable markups in a quantitative model of international trade.
Andrew Atkeson, Ariel Burstein
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Parity Reversion of Absolute Purchasing Power Parity
DEStech Transactions on Economics and Management, 2016 In this paper, we study the parity reversion 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 ...
Zhi-bai ZHANG, Zhi-cun BIAN
openaire +2 more sources
China, Hong Kong, and Taiwan: A Quantitative Assessment of Real and Financial Integration [PDF]
The status of real and financial integration of China, Hong Kong, and Taiwan is investigated using monthly data on one-month interbank rates, exchange rates, and prices.
Eiji Fujii +2 more
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An Empirical Study of the Purchasing Power Parity in the European Union [PDF]
, 2004 This paper studies the convergence in the European Union on Purchasing Power Parity. Firstly, we develop a method for the estimation of PPP series and then, we put it into practice and estimate the monthly Purchasing Power Parity for the period January ...
Caro, Alejandro Rodriguez +2 more
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Purchasing Power Parity and Interest Parity in the Laboratory [PDF]
Australian Economic Papers, 2001 This paper analyses purchasing power parity and uncovered interest parity in the laboratory. It finds strong evidence that purchasing power parity, covered interest parity, and uncovered interest parity hold. Subjects are endowed with an intrinsically useless (green) currency that can be used to purchase another useless (red) currency.
openaire +4 more sources
International output comparisons [PDF]
Gross national product ; Income ; Purchasing power ...
Reuven Glick
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