Nonlinear trend stationary of real exchange rates: The case of the Mediterranean countries [PDF]
The aim of this article is to provide additional evidence on the fulfilment of the Purchasing Power Parity hypothesis in the so-called Mediterranean countries.
Javier Ordoñez Monfort +2 more
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Is Mercosur an optimum currency area? [PDF]
We find that generalized purchasing power parity does not hold for Mercosur, and thus that the South American trade group does not constitute an optimum currency area. We also find that the role of the United States cannot be neglected in the region, and
Da Silva, Sergio +2 more
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PURCHASING POWER PARITY INFLUENCE ON REAL EXCHANGE RATE BEHAVIOR IN ROMANIA [PDF]
CES Working Papers, 2011 Purchasing Power Parity (PPP) represents a fundamental concept in exchange rate modeling. The main idea is given by equality between prices in two different countries when expressing in the same currency.This paper aims to analyze the behavior of real ...
Nicolae Ghiba
doaj
Purchasing Power Parity and the Chinese Yuan [PDF]
Results from unit root tests applied to the bilateral China - US real exchange rate do not support purchasing power parity between the two countries. However, tests of the real equivalent exchange rate for the Chinese yuan versus a traded-weighted basket
Gary Shelley, Richard Paul Gregory
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Economia Aplicada, 2003 This article empirically analyses the Purchasing Power Parity s condition in Mercosur. More specifically, it verifies ifthere is a long run equilibrium between the exchange rate and the internal and external price indexes difference using the ...
Sidney M. Caetano +2 more
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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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Pengujian Teori Paritas Daya Beli Nilai Tukar Empat Mata Uang Utama Terhadap Rupiah Indonesia (Studi Pada Bank Indonesia Periode 2003.i – 2013.ii ) [PDF]
, 2014 This research aims to examine the validity of purchasing power parity theory in four main currencies towards Rupiah, namely US Dollar-Rupiah, Yen-Rupiah, Poundsterling-Rupiah, and Euro-Rupiah.
Kartikaningtyas, N. (Nisita)
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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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Argentinean real exchange rate 1900-2006: testing purchasing power parity theory
Estudios de Economía, 2008 Este trabajo testea la Teoría de la Paridad de Poder Adquisitivo de los tipos de cambio utilizando datos de Argentina para el período 1900-2006. Esto es equivalente a testear si el Tipo de Cambio Real es una variable estacionaria o si sus componentes (
Marcos José Dal Bianco
doaj
Purchasing power parity in ASEAN+3: an application of panel unit root tests
Croatian Review of Economic, Business and Social Statistics, 2018 The paper assesses the existence of purchasing power parity (PPP) in ASEAN+3 economies taking into account EUR and USD as reference currencies. The research refers to the period from January 2000 to June 2017 and there are three points of view: we tested
Boršič Darja, Bekő Jani
doaj +1 more source