This paper examines the hypothesis of Purchasing Power Parity (PPP), i.e. the proposition that the equilibrium real … show that globally there is little evidence to support PPP, i. e. the stationarity hypothesis of real exchange rates is … with ULC. Furthermore, general PPP with consumer prices is verified in only one case, namely between France and Germany …

This article examines the PPP hypothesis, i.e. the proposition that the real exchange rates are stationary, in the case … prices and unit labor costs. The results of unit-root tests show that globally there is little evidence to support PPP, i … PPP with consumer prices is only verified between France and Germany. Whether the country is a member of the snake and …

for a structural shift in the volatility of the Mexico-US bilateral real exchange rate. The Kim, Leybourne and Newbold … exchange rate, hence evidence of PPP, for the full sample, 1930-2012 and various subsamples. The persistence of deviations of … the real rate from its PPP level as measured by half-lives ranges from 1.37 to 2.41 years. …

for a structural shift in the volatility of the Mexico-US bilateral real exchange rate. The Kim, Leybourne and Newbold … exchange rate, hence evidence of PPP, for the full sample, 1930-2012 and various subsamples. The persistence of deviations of … the real rate from its PPP level as measured by half-lives ranges from 1.37 to 2.41 years. …

for a structural shift in the volatility of the Mexico-US bilateral real exchange rate. The Kim, Leybourne and Newbold … exchange rate, hence evidence of PPP, for the full sample, 1930-2012 and various subsamples. The persistence of deviations of … the real rate from its PPP level as measured by half-lives ranges from 1.37 to 2.41 years. …