Cuestas, Juan Carlos; Regis, Paulo José - In: Economic Modelling 32 (2013) C, pp. 343-346
The aim of this paper is to provide additional evidence on the purchasing power parity empirical fulfilment in a pool of OECD countries. We apply the Harvey et al. (2008) linearity test and the Kruse (2011) nonlinear unit root test. The results point to the fact that the purchasing power parity...