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Purchasing power parity and the role of traded goods: evidence from EU states

✍ Scribed by Jenkins, Michael A.

Book ID: 121688190
Publisher: Taylor and Francis Group
Year: 2004
Tongue: English
Weight: 108 KB
Volume: 36
Category: Article
ISSN: 0003-6846
DOI: 10.1080/0003684042000191110

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## Abstract Recent studies in the international economics literature emphasize the role of home bias in explaining a number of empirical puzzles. In the present study, we test for the following hypotheses: (i) that a home bias effect, which is nevertheless falling over time as traded goods markets