haku: @indexterm taiwan / yhteensä: 245
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| Tekijä: | Masih, R. Masih, A. |
| Otsikko: | A fractional cointegration approach to empirical tests of PPP: new evidence and methodological implications from an application to the Taiwan/US dollar relationship |
| Lehti: | Weltwirtschaftliches Archiv
1995 : VOL. 131:4, p. 673-694 |
| Asiasana: | ECONOMICS TAIWAN USA |
| Kieli: | eng |
| Tiivistelmä: | Purchasing power parity is, without much doubt, one of the most controversial and heavily tested empirical issues in the international economic/financial literature. Underlying this interest are several factors bearing implications for theoretical models of exchange rate determination -- for example, currency re-evaluations, intercountry comparisons of living standards, measurements of deviation of disequilibrium from existing fixed or floating regimes, claim the authors of the paper. |
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