This paper tests the Purchasing Power Parity Theory of Exchange Rates dealing with Argentinean data for the period 1900 … theory is not verified in Argentina, since its RER appears as a non-stationary variable, and there is no evidence of …-stationary under structural breaks with a continuous real depreciation of the Argentinean currency, especially in the first half of XX …

adjustment dynamics show that Spanish inflation has adjusted in the long run to the European purchasing power parity level (as …

has strong implications for modern asset allocation theory which takes the presence of regime switching into account as …

by economic theory, this paper uses the Random Coefficient Model proposed by Swamy (1970) and empirically estimates EKCs …

for long run restrictions in each country/region conditioning on the rest of the world. Bootstrapping is used to compute … Fisher equation across a number of countries, but the test results for the purchasing power parity relation are much weaker …

This paper examines how immigrants' optimal migration duration in the host country responds to the purchasing power …

Empirical support for purchasing power parity is mixed with results dependent on the time frame and countries under … account for productivity differences across nations. As a central component of macroeconomic thinking, purchasing power parity … irrefutable evidence in favor of purchasing power parity for a wide range of countries since the late 1800s. The results suggest …