Dealing with Methodological Problems when Testing for Purchasing Power Parity: Evidence from Greece
Problems faced by empirical studies of the purchasing power parity (PPP) hypothesis are: the choice between a multilateral and a bilateral approach, the choice of the appropriate price index and the problem of the simultaneous determination of prices and exchange rates. In the present paper, we analyse the implications of these problems when testing for PPP between Greece and its major trading partners during the recent floating exchange rate period. Long-run PPP is tested as a cointegrating relationship by applying the Johansen technique.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): 53 (2000)
Issue (Month): 3 ()
|Contact details of provider:|| Postal: Via Garibaldi 4, 16124 Genova, Italy|
Phone: +39 010 27041
Fax: +39 010 2704222
Web page: http://www.iei1946.it/it/index.php
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:ris:ecoint:0243. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Angela Procopio)
If references are entirely missing, you can add them using this form.