The IMF’s main uses of the International Comparison Program’s (ICP) estimates of purchasing power parity (PPP … IMF usage including: PPP imputations for member countries not participating in the ICP; PPP estimates for non …-benchmark years; timeliness and periodicity of PPP estimates; economy groupings; and transparency. The paper was written as a chapter …

This paper focuses on assessments of real exchange rates using PPP data and examines their limitations when these are …

purchasing power parity (PPP) rates. A review of the empirical evidence on the relationship between exchange rates and prices … suggests that market (or official) exchange rates are generally poor proxies for PPP rates. The paper examines the PPP …-based GDP data generated by the International Comparison Program and compares aggregations with PPP- and exchange rate-based GDP …

-private partnership (PPP) arrangements. We find that PPPs tend to be more common in countries where governments suffer from heavy debt … law are associated with more PPP projects. PPPs are also more prevalent in countries with previous PPP experiences. At the … industry level, we find that PPP determinants vary across industries depending on the nature of public infrastructure, capital …

PPP hypothesis using data for the G7 countries. This method is robust in several important dimensions relative to previous … cointegrating vectors. Our overall results are the same across all approaches: The strong PPP hypothesis is rejected in favour of … weak PPP with heterogenenous cointegrating vectors. …