This paper examines asymmetries in the J-curve effects of real exchange rate on Kenya’s trade balance by using panel data for bilateral trade with 30 trading partners. The data covers the period from 2006q1 to 2018q4 and the Pooled Mean Group (PMG) estimation technique, under both the linear...

The OECD, Eurostat, and 47 participating countries work together in establishing purchasing power parities, or PPPs, in order to compare the price and volume levels of the GDPs. This programme is called the Eurostat-OECD PPP Programme. The manual gives a complete, detailed and up-to-date...

This dataset comprises statistics on PPP benchmarks (Purchasing Power Parity) programme for the 46 countries that participated in the 2005, 2008 and 2011 round and for the countries that participated in the CIS (Commonwealth of Independent States) Comparison Programme for 2005, 2008 and 2011. It...

This dataset contains the main results of the 2017 Eurostat-OECD PPP comparison for the 49 countries that participated in the 2017 round of the Eurostat-OECD Purchasing Power Parity (PPP) Programme. Colombia and Costa Rica participated for the first time. Please note that time series for PPPs...

Purchasing power parities (PPPs) are the rates of currency conversion that try to equalise the purchasing power of different currencies, by eliminating the differences in price levels between countries. The basket of goods and services priced is a sample of all those that are part of final...

The development of purchasing power parities as converters of national accounts aggregates to comparable volume figures is important for international economic comparisons. This study is primarily concerned with the aggregation of price relativities to basic heading level: that is, the level...

The bivariate relationship between real exchange rates and the real long-term interest rate differential has been investigated in a number of recent studies. By exchange-rate-equation standards, this specification does a relatively good job of tracking the historical movements in the...

This paper is one of four in this Working Paper Series, focusing on financial liberalisation, along with those of Kupiec, Miller and Weller, and Driscoll. It examines the extent to which international financial markets have become more integrated over the past decade. The finding that financial...