𝔖 Bobbio Scriptorium
✦   LIBER   ✦

On the performance of a nonparametric measure of convergence towards purchasing power parity in the presence of linearity

✍ Scribed by Yoon, Gawon


Book ID
120420915
Publisher
Taylor and Francis Group
Year
2010
Tongue
English
Weight
230 KB
Volume
17
Category
Article
ISSN
1350-4851

No coin nor oath required. For personal study only.


πŸ“œ SIMILAR VOLUMES


A nonparametric measure of convergence t
✍ Mototsugu Shintani πŸ“‚ Article πŸ“… 2006 πŸ› John Wiley and Sons 🌐 English βš– 141 KB

## Abstract It has been claimed that the deviations from purchasing power parity are highly persistent and have quite long half‐lives under the assumption of a linear adjustment of real exchange rates. However, inspired by trade cost models, nonlinear adjustment has been widely employed in recent e