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Purchasing power parity and the euro area

โœ Scribed by Kees G. Koedijk; Ben Tims; Mathijs A. van Dijk


Book ID
116658638
Publisher
Elsevier Science
Year
2004
Tongue
English
Weight
485 KB
Volume
23
Category
Article
ISSN
0261-5606

No coin nor oath required. For personal study only.


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โœ Natalie D. Hegwood; David H. Papell ๐Ÿ“‚ Article ๐Ÿ“… 1998 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 188 KB

Several recent studies have found evidence of purchasing power parity by using long time series of data to combat the low power of unit root tests. The ability to reject unit roots in real exchange rates, however, only implies that PPP holds in the absence of structural change. We test for multiple