The Purchasing Power Parity Debate [PDF]
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
Mark P. Taylor, Alan M. Taylor
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Long-run validity of purchasing power parity and rank tests for cointegration for Central Asian Countries [PDF]
This study finds that Purchasing Power Parity holds in the long-run for Azerbaijan, Kazakhstan and Kyrgyzstan, based on Breitung’s (2001) rank tests for cointegration.
Ling, Tai-Hu +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
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Purchasing Power Parity and the Impact of the East Asian Currency Crisis [PDF]
This paper explores the impact of the East Asian crisis of 1997/98 on foreign exchange markets and purchasing power parity within the region. While many studies have attempted to test for PPP prior to these events, there has been little opportunity to ...
Ralf Zurbruegg, Louise Allsopp
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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
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Colombian Purchasing Power Parity Analysed Using a Framework of Multivariate Cointegration [PDF]
This paper tests for purchasing power parity (PPP)between Colombia and its main trading partners using the Johansen framework of multivariate cointegration.
Peter Rowland, Hugo OLiveros C.
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Argentinean Real Exchange Rate 1900-2006: Testing Purchasing Power Parity Theory
Estudios de Economía, 2016 This paper tests the Purchasing Power Parity Theory of Exchange Rates dealing with Argentinean data for the period 1900-2006. This is equivalent to testing if the Real Exchange Rate is a stationary variable or if its components (the nominal exchange ...
Marco del Bianco
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Purchasing Power Parity in East Asia: Why all the Fuss? [PDF]
Purchasing Power Parity (PPP) literature is now vast with literally hundreds of papers offering tests for PPP across a broad number of countries. However, despite all the elaborate techniques employed, very little explanation is given as to why PPP is so
Ralf Zurbruegg, Louise Allsopp
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Analysis of Purchasing Power Parities in Romania in the context of EU integration
Romanian Economic Journal, 2015 Purchasing power parity (PPP) is a useful tool for international comparison of prices between countries, in order to analyze the degree of economic development.
Roxana Cristina Vîlcu
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A Correct Test of Purchasing Power Parity: The Case of Pak-Rupee Exchange Rates [PDF]
This paper presents some empirical evidence on long-run purchasing power parity (PPP) for eight Pak-rupee exchange rates over the period 1982:1–1994:4. Results obtained from testing for cointegration and coefficient restrictions using the Johansen (1988,
Razzaque H. Bhatti
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