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Volumn 30, Issue 3, 2005, Pages 783-790

The purchasing power parity puzzle is worse than you think

Author keywords

Confidence intervals; Half lives; Median unbiased estimation; Purchasing power parity

Indexed keywords

EMPIRICAL ANALYSIS; EXCHANGE RATE; MATHEMATICAL ANALYSIS; PURCHASING POWER PARITY;

EID: 25844436889     PISSN: 03777332     EISSN: None     Source Type: Journal    
DOI: 10.1007/s00181-005-0261-9     Document Type: Article
Times cited : (43)

References (13)
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    • Andrews, D.W.K.1
  • 5
    • 84864410847 scopus 로고
    • Testing for a unit root in time series with pretest data-based model selection
    • Hall A (1994) Testing for a unit root in time series with pretest data-based model selection. Journal of Business and Economic Statistics 12: 461-70
    • (1994) Journal of Business and Economic Statistics , vol.12 , pp. 461-470
    • Hall, A.1
  • 7
    • 58149401622 scopus 로고    scopus 로고
    • More powerful unit root tests and the purchasing power parity puzzle
    • Manuscript, University of Houston
    • Lopez C, Murray CJ, Papell DH (2004) More powerful unit root tests and the purchasing power parity puzzle. Manuscript, University of Houston
    • (2004)
    • Lopez, C.1    Murray, C.J.2    Papell, D.H.3
  • 8
    • 0030480824 scopus 로고    scopus 로고
    • Real exchange rate behavior: The recent float from the perspective of the past two centuries
    • Lothian J, Taylor M (1996) Real exchange rate behavior: The recent float from the perspective of the past two centuries. Journal of Political Economy 104: 488-509
    • (1996) Journal of Political Economy , vol.104 , pp. 488-509
    • Lothian, J.1    Taylor, M.2
  • 9
    • 0034288463 scopus 로고    scopus 로고
    • Purchasing power parity over two centuries: Strengthening the case for real exchange rate stability: A reply to Cuddington and Liang
    • Lothian J, Taylor M (2000) Purchasing power parity over two centuries: Strengthening the case for real exchange rate stability: A reply to Cuddington and Liang. Journal of International Money and Finance 19: 759-764
    • (2000) Journal of International Money and Finance , vol.19 , pp. 759-764
    • Lothian, J.1    Taylor, M.2
  • 11
    • 21844518679 scopus 로고
    • Unit root tests in ARMA models with data dependent methods for the selection of the truncation lag
    • Ng S, Perron P (1995) Unit root tests in ARMA models with data dependent methods for the selection of the truncation lag. Journal of the American Statistical Association 90: 268-281
    • (1995) Journal of the American Statistical Association , vol.90 , pp. 268-281
    • Ng, S.1    Perron, P.2
  • 12
    • 0000387132 scopus 로고    scopus 로고
    • Lag length selection and the construction of unit root tests with good size and power
    • Ng S, Perron P (2001) Lag length selection and the construction of unit root tests with good size and power. Econometrica 69: 1519-1554
    • (2001) Econometrica , vol.69 , pp. 1519-1554
    • Ng, S.1    Perron, P.2
  • 13
    • 0000786475 scopus 로고    scopus 로고
    • The purchasing power parity puzzle
    • Rogoff K (1996) The purchasing power parity puzzle. Journal of Economic Literature 34: 647-668
    • (1996) Journal of Economic Literature , vol.34 , pp. 647-668
    • Rogoff, K.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.