Testing the Validity of Purchasing Power Parity Theory and Dynamics of Exchange Rate Behavior (Pakistan, China, Iran and Turkey)

Testing the Validity of Purchasing Power Parity Theory and Dynamics of Exchange Rate Behavior (Pakistan, China, Iran and Turkey)

Purpose: This study is aimed at to observe the purchasing power parity (PPP) Theory. The purchasing power parity (PPP) is the most enduring debate of literature in international macroeconomics. It is most controversial due to various puzzles and tested with different econometric models for certain g...

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Bibliographic Details
Main Authors: Rana Shahid Imdad Akash, Muhammad Mudasar Ghafoor, Navid Ahmed
Format: Article
Language:English
Published: CSRC Publishing 2020-03-01
Series:Journal of Accounting and Finance in Emerging Economies
Subjects:
Purchasing Power Parity
Law of One Price
Long Run
Short Run
Online Access:https://publishing.globalcsrc.org/ojs/index.php/jafee/article/view/1059

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