Bahmani-Oskooee, Mohsen; Chang, Tsangyao; Hung, Ken - In: Applied Economics 45 (2013) 32, pp. 4584-4590
This study applies the Sequential Panel Selection Method (SPSM), proposed by Chortareas and Kapetanios (2009) to test the validity of long-run purchasing power parity (PPP) in a sample of 15 Latin American countries using monthly data spanning from December 1994 to February 2010. SPSM classifies...