Benbouziane, Mohamed; Benamar, Abdelhak - Volkswirtschaftliche Fakultät, … - 2006
The main objective of this paper is to test the validity of the purchasing power parity in the Maghreb countries (namely, Algeria, Morocco and Tunisia). We apply the threshold autoregressive non-linear model (TAR) proposed by Caner and Hansen (2001). First, a review of literature on PPP is...