Testing the Validity of Purchasing Power Parity: Panel Cointegration Approaches with Big Mac Index
Purchasing power parity (PPP) is vital for determining exchange rates. It has been evaluated in a variety of ways, but the findings have been inconsistent. Traded products have been the focus of much investigation relating to PPP. When it comes to non-traded products and services, the PPP deviation...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2022-09-01
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| Series: | Proceedings |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2504-3900/82/1/5 |