Plošinjak, Jelko; Festić, Mejra - In: Naše gospodarstvo : NG 67 (2021) 4, pp. 13-32
Slovenia, Croatia, the Czech Republic, Slovakia and Austria. The results provide mixed support for PPP, which is typical for … exchange rate in a logarithm, while in the second phase, the cointegration of nominal exchange rate, domestic and foreign price … coefficients, which means the validity of both the absolute and relative versions of the PPP theory. Croatia is subject to a …