Meta-regression Analysis of Purchasing Power Parity Puzzles
碩士 === 國立中山大學 === 經濟學研究所 === 96 === Purchasing Power Party (PPP) has long been intensively studied in empirical researches. However, a unanimous conclusion has not been reached. As an alternative to a narrative literature review, this paper conducts a meta-regression analysis of a collection of th...
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ndltd-TW-096NSYS53890022018-05-17T04:28:45Z http://ndltd.ncl.edu.tw/handle/4zgr26 Meta-regression Analysis of Purchasing Power Parity Puzzles 購買力平價說之總迴歸分析 Po-Hsin Tseng 曾伯歆 碩士 國立中山大學 經濟學研究所 96 Purchasing Power Party (PPP) has long been intensively studied in empirical researches. However, a unanimous conclusion has not been reached. As an alternative to a narrative literature review, this paper conducts a meta-regression analysis of a collection of thirty-three studies, in order to uncover the sources of variation in the empirical findings relating to PPP. We also test the validities of suggestions made by the narrative literature reviewers that the use of more years of data, more countries, more powerful tests, more general model specifications, and an allowance for non-linearity might mitigate the issue of PPP puzzle. We find that the proposition is true and that whether PPP holds in the long run mainly depends on the methodology employed, the regimes the data are sampled from, and the length of the sample of data that is used. When addressing the persistence of the deviations from PPP, it mostly depends on the methodologies adopted. Jyh-Lin Wu 吳致寧 2007 學位論文 ; thesis 61 en_US |
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碩士 === 國立中山大學 === 經濟學研究所 === 96 === Purchasing Power Party (PPP) has long been intensively studied in empirical researches. However, a unanimous conclusion has not been reached. As an alternative to a narrative literature review, this paper conducts a meta-regression analysis of a collection of thirty-three studies, in order to uncover the sources of variation in the empirical findings relating to PPP. We also test the validities of suggestions made by the narrative literature reviewers that the use of more years of data, more countries, more powerful tests, more general model specifications, and an allowance for non-linearity might mitigate the issue of PPP puzzle. We find that the proposition is true and that whether PPP holds in the long run mainly depends on the methodology employed, the regimes the data are sampled from, and the length of the sample of data that is used. When addressing the persistence of the deviations from PPP, it mostly depends on the methodologies adopted.
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Jyh-Lin Wu |
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Jyh-Lin Wu Po-Hsin Tseng 曾伯歆 |
author |
Po-Hsin Tseng 曾伯歆 |
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Po-Hsin Tseng 曾伯歆 Meta-regression Analysis of Purchasing Power Parity Puzzles |
author_sort |
Po-Hsin Tseng |
title |
Meta-regression Analysis of Purchasing Power Parity Puzzles |
title_short |
Meta-regression Analysis of Purchasing Power Parity Puzzles |
title_full |
Meta-regression Analysis of Purchasing Power Parity Puzzles |
title_fullStr |
Meta-regression Analysis of Purchasing Power Parity Puzzles |
title_full_unstemmed |
Meta-regression Analysis of Purchasing Power Parity Puzzles |
title_sort |
meta-regression analysis of purchasing power parity puzzles |
publishDate |
2007 |
url |
http://ndltd.ncl.edu.tw/handle/4zgr26 |
work_keys_str_mv |
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