The purchasing power parity in emerging Europe: Empirical results based on two-break analysis

The purchasing power parity in emerging Europe: Empirical results based on two-break analysis

The purpose of the paper is to evaluate the validity of purchasing power parity (PPP) for eight countries from the Emerging Europe: Hungary, Czech Republic, Poland, Romania, Lithuania, Latvia, Serbia and Turkey. Monthly data for euro and U.S. dollar based real exchange rate time series are consid...

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Bibliographic Details
Main Authors: Mladenović Zorica, Josifidis Kosta, Srdić Slađana
Format: Article
Language:English
Published: Economists' Association of Vojvodina 2013-01-01
Series:Panoeconomicus
Subjects:
purchasing power parity
real exchange rate
unit root test
structural breaks
emerging economies
Online Access:http://www.doiserbia.nb.rs/img/doi/1452-595X/2013/1452-595X1302179M.pdf

Internet

http://www.doiserbia.nb.rs/img/doi/1452-595X/2013/1452-595X1302179M.pdf

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