Cuestas, Juan Carlos; Regis, Paulo José - Nottingham Trent University, Nottingham Business … - 2010
The aim of this paper is to provide additional evidence on the purchasing power parity empirical fulfillment in a pool of OECD countries. We apply the Harvey et al. (2008) linearity test and the Kruse (2010) nonlinear unit root test. The results point to the fact that the purchasing power parity...
