Purchasing power parity in GIIPS countries: evidence from unit root tests with breaks and non-linearity
Purpose – This paper aims to test purchasing power parity (PPP) hypothesis for Greece, Italy, Ireland, Portugal and Spain, which are known as the GIIPS countries. Design/methodology/approach – The authors conduct a comprehensive analysis by using unit root approaches without and with structural brea...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Emerald Publishing
2022-10-01
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| Series: | Applied Economic Analysis |
| Subjects: | |
| Online Access: | https://www.emerald.com/insight/content/doi/10.1108/AEA-10-2020-0146/full/pdf |