Allsopp, Louise; Rammal, Hussain G.; Zurbruegg, Ralf - In: Global Business Review 6 (2005) 2, pp. 251-258
Purchasing power parity (PPP) literature is now vast with literally hundreds of papers offering tests for PPP across a large number of countries. However, despite all the elaborate techniques employed, very little explanation is given as to why PPP is so relevant in policy making. This article...