๐”– Bobbio Scriptorium
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Does the market perceive a difference in rating agencies?

โœ Scribed by Richard J Kish; Karen M Hogan; Gerard Olson


Book ID
117717706
Publisher
Elsevier Science
Year
1999
Tongue
English
Weight
90 KB
Volume
39
Category
Article
ISSN
1062-9769

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โœ Mario Cerrato; Nicholas Sarantis ๐Ÿ“‚ Article ๐Ÿ“… 2007 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 181 KB

## Abstract We examine the purchasing power parity (PPP) hypothesis using a unique panel of monthly data on black market exchange rates for 34 emerging market economies. We apply a large number of recent heterogeneous panel unit root and cointegration tests. Panel unit root tests reject mean revers