A measurement to analyze the relative change in the Absolute Parity of Power Purchase: An application to the European Union [PDF]
, 2003 In the present paper an index to measure the changes in the Absolute Purchasing Power Parity. in the short term of a group of territories that conform an unique market, using the information of the Harmonized Index of Consumer Prices and the Exchange ...
Caro, Alejandro Rodriguez +2 more
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Purchasing power parity in belt and road initiative countries relative to China [PDF]
Argumenta Oeconomica, 2021 Argumenta Oeconomica, 2021, Nr 2 (47), s. 205-224 ; This paper used the Panel KSS unit root test accompanied by a Fourier function and Sequential Panel Selection Method (SPSM) to check the non-stationary properties of purchasing power parity (PPP) in Belt and Road Initiative (B&R) countries relative to China.
Liu, Lu +3 more
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Does the relative population growth affect purchasing power parity? [PDF]
Applied Economics Letters, 2009 Relative population growth affects price levels through its effect on money demand and that in turn impacts Purchasing Power Parity (PPP). Standard time series econometrics is used to investigate this issue using data from 30 selected countries.
Salim, R., Hassan, K.
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Inflation and Exchange Rates: An International Examination of Relative Purchasing Power Parity
Journal of Economics and Public Finance, 2021 Purchasing power parity (PPP) is an old and controversial proposition in economic literature. It is based on the law of one price, which argues that, after adjusting for the exchange rate, domestic and foreign price levels are equal. The relative version of PPP argues that exchange rate changes depend on the differential between domestic and foreign ...
Mehdi Monadjemi, John Lodewijks
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Has the Euro Shrunk the Band? Relative Purchasing Power Parity Convergence in a Currency Union* [PDF]
The Scandinavian Journal of Economics, 2021 AbstractI study the effects of entry to the European Monetary Union (EMU) on relative purchasing power parity (PPP) convergence using monthly disaggregated price indices from 32 European countries from 1999 to 2016. I examine the entry of Cyprus, Malta, Slovakia, and Slovenia to the EMU, and I estimate the bands of inaction of relative prices before ...
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Relative version of the theory of purchasing power parity: problems of empirical verification [PDF]
Politická ekonomie, 2008 The article discusses problems of the empirical verification of the relative version of the theory of purchasing power parity based on aggregated price indexes (especially using the consumer price index). The goal of the articles is to compare empirical results obtained from cross-country time series analysis using cointegration analysis, Error ...
Martin Mandel, Vladimír Tomšík
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DIVERGENCE OR CONVERGENCE? THE CASE OF THE FORMER YUGOSLAV AREA
Zbornik Radova: Geografski institut "Jovan Cvijić", 2021 Europe is differentiated socio-economically, both at the global and state level. The former Yugoslav republics are no exception. Due to cultural, religious, and developmental diversity, the area of the former Socialist Federal Republic of Yugoslavia can ...
Tadeusz Zienkiewicz, Ewa Zienkiewicz
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Convergence of household expenditures of the EU-member and acceding countries in the years 1995-2002
Agricultural Economics (AGRICECON), 2004 The convergence in household consumption expenditure contributes to the aims defined in the Treaty of the European Union. Consumption expenditure convergence also restricts the impacts of asymmetric shocks under the bounded inner market mobility of goods,
M. Ševela
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PURCHASING POWER PARITY AND RELATIVE PRICE VARIABILITY: THE MISSING LINK?* [PDF]
Australian Economic Papers, 1991 The failure of strict purchasing power parity to hold in the 1970s can be explained by the preponderance of the real shocks which involve large changes in sectoral relative prices. Previous work has attempted to measure these effects by using proxies for the prices of traded and nontraded goods.
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DOES THE BALASSA–SAMUELSON THEORY EXPLAIN THE LINK BETWEEN RELATIVE POPULATION GROWTH AND PURCHASING POWER PARITY? [PDF]
The Singapore Economic Review, 2013 Relative population growth affects relative prices through the so-called Balassa–Samuelson (BS) mechanism and that in turn impacts PPP. This paper empirically investigates the relationship between the PPP exchange rate and relative population growth in a panel of 80 selected countries.
Hassan, A.F.M.K., Salim, R.A.
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