𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Evidence of purchasing power parity for the floating regime period

✍ Scribed by Claude Lopez


Book ID
116658852
Publisher
Elsevier Science
Year
2008
Tongue
English
Weight
244 KB
Volume
27
Category
Article
ISSN
0261-5606

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Evidence on purchasing power parity from
✍ Dr Robert Sollis πŸ“‚ Article πŸ“… 2005 πŸ› John Wiley and Sons 🌐 English βš– 199 KB

## Abstract Recent research has found that trend‐break unit root tests derived from univariate linear models do not support the hypothesis of long‐run purchasing power parity (PPP) for US dollar real exchange rates. In this paper univariate smooth transition models are utilized to develop unit root