The long-run validity of PPP in some major advanced and emerging countries using alternative models

The long-run validity of PPP in some major advanced and emerging countries using alternative models

ABSTRACTThe study examines whether the long-run validity of PPP holds in some major advanced and developing economies. The study employed the smooth time-varying cointegration (TVC) and time-varying detrended fluctuation analysis (DFA) methodology, and we are not aware of any study that has applied...

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Bibliographic Details
Main Author: Justice Kyei-Mensah
Format: Article
Language:English
Published: Taylor & Francis Group 2023-12-01
Series:Cogent Economics & Finance
Subjects:
Purchasing power parity
unit root
exchange rates
time-varying co-integration, detrended fluctuation analysis
Johansen’s test
C12
Online Access:https://www.tandfonline.com/doi/10.1080/23322039.2023.2220248

Internet

https://www.tandfonline.com/doi/10.1080/23322039.2023.2220248

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