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Browsing Department of Economics (ECO) by Author "OSBAT, Chiara"
Now showing items 1-4 of 4
Title:Testing for PPP: Should we use Panel Methods?
Author(s):BANERJEE, Anindya; MARCELLINO, Massimiliano; OSBAT, ChiaraDate:2005Type of Publication:ArticleAbstract:A common finding in the empirical literature on the validity of purchasing power parity (PPP) is that it holds when tested for in panel data, but not in univariate (i.e. country-specific) analysis. The usual explanation ...