A note on purchasing power parity and the choice of price index
The PPP argument states that the currencies purchasing power should be the same across countries for the same basket of tradable goods. We run a horse race among six different price indices to see which one yields higher PPP evidence, and, therefore, better fits this criterion. Using export unit val...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Fundação Getúlio Vargas
2008-03-01
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| Series: | Revista Brasileira de Economia |
| Subjects: | |
| Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402008000100005 |