## 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
Purchasing power parity: Evidence from developing Countries
β Scribed by Emmanuel Anoruo; Habtu Braha; Yusuf Ahmad
- Book ID
- 105529483
- Publisher
- Springer US
- Year
- 2002
- Tongue
- English
- Weight
- 967 KB
- Volume
- 8
- Category
- Article
- ISSN
- 1083-0898
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## ABSTRACT This study applies Panel Seemingly Unrelated Regressions Kapetanios __et al__. (SURKSS) tests, proposed by Wu and Lee (2009), to investigate the properties of longβrun purchasing power parity (PPP) in nine transition countries over the period of January 1995 to December 2008. The empiri