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| Tekijä: | Coe, P.J. Serletis, A. |
| Otsikko: | Bounds tests for the theory of purchasing power parity |
| Lehti: | Journal of Banking and Finance
2002 : JAN, VOL. 26:1, p. 179-199 |
| Asiasana: | EXCHANGE RATES PURCHASING POWER PARITY |
| Vapaa asiasana: | BOUNDS TESTS |
| Kieli: | eng |
| Tiivistelmä: | In this paper the authors test the absolute and relative purchasing power parity (PPP) hypothesis during the recent flexible exchange rate period, using quarterly data for 21 OECD countries. In doing so, they use a new econometric technique, bounds tests, developed by M.H. Pesaran et al. |
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