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On the purchasing power parity for Latin-American countries

✍ Scribed by Jose Angelo Divino; Vladimir Kuhl Teles; Joaquim Pinto de Andrade


Book ID
117792819
Publisher
Elsevier Science
Year
2009
Tongue
English
Weight
166 KB
Volume
12
Category
Article
ISSN
1514-0326

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REVISITING PURCHASING POWER PARITY FOR 1
✍ Lu Yang-Cheng; Chang Tsangyao; Lee Chia-Hao; Su Chi-Wei πŸ“‚ Article πŸ“… 2011 πŸ› John Wiley and Sons 🌐 English βš– 167 KB

## ABSTRACT This study applies the threshold unit root test proposed by Caner and Hansen (2001) to test the validity of long‐run 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