## ABSTRACT This study applies the threshold unit root test proposed by Caner and Hansen (2001) to test the validity of longβrun purchasing power parity (PPP) in a sample of 15 Latin American countries. These countries share characteristics as high inflation, nominal shocks and trade openness which
Heterogeneous Panel Unit Root Tests and Purchasing Power Parity
β Scribed by Kul B. Luintel
- Book ID
- 108550345
- Publisher
- John Wiley and Sons
- Year
- 2001
- Tongue
- English
- Weight
- 153 KB
- Volume
- 69
- Category
- Article
- ISSN
- 1463-6786
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