Purchasing Power Parity in Central and East European Countries
AbstractThis paper analyzes the validity of purchasing power parity (PPP) across twelve Central and Eastern European countries (CEECs). PPP is tested through linear and nonlinear unit root tests. The results suggest that when structural changes and nonlinearities are accounted for, the PPP hypothesis is supported for the CEECs.
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Bibliographic InfoArticle provided by M.E. Sharpe, Inc. in its journal Eastern European Economics.
Volume (Year): 47 (2009)
Issue (Month): 5 (September)
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Web page: http://mesharpe.metapress.com/link.asp?target=journal&id=106044
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- Diana Sadoveanu & Nicolae Ghiba, 2012. "Purchasing Power Parity: Evidence From Four Cee Countries," Journal of Academic Research in Economics, Spiru Haret University, Faculty of Accounting and Financial Management Constanta, vol. 4(1 (March)), pages 80-89.
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