The Validity of PPP Revisited: An Application of Non-linear Unit Root Test

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The Validity of PPP Revisited: An Application of Non-linear Unit Root Test

To this end, the validity of purchasing power parity (PPP) remains a controversial issue, as empirical evidence is inconclusive. This study provides robust empirical evidence to support the view that negligence of non-linearity may be the culprit of these contrasting findings. This paper demonstrate...

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Bibliographic Details
Main Author:	Liew, Venus Khim-Sen
Format:	Article
Language:	English
Published:	Munich University Library 2003
Subjects:	HB Economic Theory
Online Access:	http://ir.unimas.my/id/eprint/18599/ http://ir.unimas.my/id/eprint/18599/7/The%20Validity%20of%20PPP%20Revisited%20%28abstract%29.pdf

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