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Tek Fiyat Kanunu ve Satın Alma Gücü Paritesi Hipotezine İlişkin Ampirik Bulgular: Bir Literatür Taraması

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  • Giray GÖZGÖR

Abstract

This paper aims to survey the literature on concepts of the Law of One Price (LOP) and the Purchasing Power Parity (PPP) hypothesis and to present a detailed literature review of the empirical findings. In this paper, starting from the deviations from the LOP and the PPP as well as their main reasons, we briefly overview latest econometric and statistical techniques in general. We also examine the empirical literature on advanced economies in particular. This paper provides a comparative outlook to researchers, who are interested in related subjects in international economics and international finance.

Suggested Citation

  • Giray GÖZGÖR, 2015. "Tek Fiyat Kanunu ve Satın Alma Gücü Paritesi Hipotezine İlişkin Ampirik Bulgular: Bir Literatür Taraması," Sosyoekonomi Journal, Sosyoekonomi Society, issue 23(24).
  • Handle: RePEc:sos:sosjrn:150202
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    Keywords

    Law of One Price; Purchasing Power Parity; Literature Review; Exchange Rate Markets; Developed Countries.;

    JEL classification:

    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • F39 - International Economics - - International Finance - - - Other
    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)

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