𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Multi-country evidence on the behavior of purchasing power parity under the current float

✍ Scribed by James R. Lothian


Book ID
117427841
Publisher
Elsevier Science
Year
1997
Tongue
English
Weight
971 KB
Volume
16
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