Purchasing power parity new evidence from Turkey

Date

2005-07-08

Author

Sarı, Ramazan
Soytaş, Uğur

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https://hdl.handle.net/11511/75870

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Purchasing power parity in OECD countries: Evidence from panel unit root Kalyoncu, Huseyin; Kalyoncu, Kahraman (Elsevier BV, 2008-05-01) This paper investigates the validity of purchasing power parity (PPP) for 25 OECD countries by using a panel unit-root methodology. The procedure used here is to examine stationarity of real exchange rate. Using ADF unit-root test on single time-series, it is found that real exchange rate of all OECD countries have unit root. This outcome, however, might be due to the generally low power of this test. The aim of this paper is to reconsider this issue by exploiting the extra information provided by the combi...
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Citation Formats

R. Sarı and U. Soytaş, “Purchasing power parity new evidence from Turkey,” 2005, Accessed: 00, 2021. [Online]. Available: https://hdl.handle.net/11511/75870.