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Do Panels Help Solve the Purchasing Power Parity Puzzle?

โœ Scribed by Murray, Christian J; Papell, David H


Book ID
120414481
Publisher
American Statistical Association
Year
2005
Tongue
English
Weight
163 KB
Volume
23
Category
Article
ISSN
0735-0015

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This paper examines the information on future exchange rate movements provided by the doctrine of purchasing power parity (PPP). Previous research has studied this issue by analysing the time-series properties of period-by-period levels of, or changes in, exchange rates. In contrast, the present stu