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    New panel unit root and cointegration tests of purchasing power parity by Cerrato, Mario

    Published 2003
    “…We construct and use a unique data set consisting of twenty emerging market economies and black market nominal exchange rates, spanning over 1973M1-1993M12. As far as we know such a big data set has never been used in the studies of PPP using black market nominal exchange rates. …”
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    Thesis
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