Does Purchasing Power Parity Hypothesis Hold for Latin American Countries?

Does Purchasing Power Parity Hypothesis Hold for Latin American Countries?

This paper investigates the validity of Purchasing Power Parity utilizing Fourier unit root tests for the period of 2000m1-2015m2 for Brazil, Chile, Colombia and Mexico. The findings show that the Purchasing Power Parity is valid in Brazil and Colombia in case of considering structural breaks. Addit...

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Bibliographic Details
Main Authors: Harun Bal, Müge Manga, Esra Ballı, Mehmet Akif DESTEK
Format: Article
Language:English
Published: Cukurova University 2016-12-01
Series:Çukurova Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi
Subjects:
Purchasing power parity hypothesis
Structural breaks
Fourier series
Online Access:http://dergipark.gov.tr/cuiibfd/issue/34645/387023?publisher=cu

Internet

http://dergipark.gov.tr/cuiibfd/issue/34645/387023?publisher=cu

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