reasoning. If arbitrage was indeed the cause of mean reversion, one would expect to see a quantity respose of trade flows at the … arbitrage, which requires a minimum divergence before the costs of arbitrage can be recouped. In this paper, we examine this … significant evidence of trade flows changing at the points of mean reversion. Alternative explanations of mean reversion, notably …

reasoning. If arbitrage was indeed the cause of mean reversion, one would expect to see a quantity respose of trade flows at the … arbitrage, which requires a minimum divergence before the costs of arbitrage can be recouped. In this paper, we examine this … significant evidence of trade flows changing at the points of mean reversion. Alternative explanations of mean reversion, notably …

The research in this paper is focus on macroeconomic analysis of trade and other relevant indicator for real economy … such as government net debt, exchange rate, interest rate, and especially the correlation between trade and growth. Today … trade is challenge for economists of small developing countries. The mail goal in this paper is theoretical analysis of some …

This paper re-assesses the panel (unit root test) evidence for PPP on four monthly data sets. We discuss and illustrate … that commonly-used first generation panel unit root tests are inappropriate for PPP analysis since they are constructed for …-sectional dependence should be applied. Using inappropriate first generation tests, quite strong evidence for PPP is found. However, this …

This paper examines the PPP hypothesis analysing the behaviour of the real exchange rates vis-à-vis the US dollar for … with the relative version of PPP. …

(PPP) is embedded in latent disequilibrium factors, being extracted from a large set of bilateral price disparities; the … five OECD countries using monthly data show promising results, which reverse the common belief that PPP is at best a very …

integration lowers national price levels. Thus, the paper proposes a novel argument to rationalize systematic deviations from PPP …

We use recent advances in multiple testing to identify the countries for which Purchasing Power Parity (PPP) held over … the last century. The approach controls the multiplicity problem inherent in simultaneously testing for PPP on several … this way leads to a number of rejections of the null of no PPP that is intermediate between that of traditional multiple …

-Partnership (PPP) eine Realisierungsmöglichkeit sein. PPP ist in Großbritannien und Frankreich eine Variante der Leistungsbeschaffung … Beschaffungsvariante PPP ist es möglich, Krankenhäuser in öffentlicher Trägerschaft schneller und effizienter zu restrukturieren und zu … Auftragnehmer während der verschiedenen Phasen des Projektes sind effiziente PPP-Krankenhausprojekte auch in Deutschland möglich. …