Herwartz, Helmut; Reimers, Hans-Eggert - Sonderforschungsbereich 373, Quantifikation und … - 2000
In this paper we test the purchasing power parity for the post Bretton Woods period for 18 main industrial countries. As base currencies we use alternatively the Deutsche mark, the Japanese yen, and the US dollar. We employ error correction models for single countries and on the level of pooled...
