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...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Cukurova University
2016-12-01
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| Series: | Çukurova Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi |
| Subjects: | |
| Online Access: | http://dergipark.gov.tr/cuiibfd/issue/34645/387023?publisher=cu |