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Details for article 161 of 198 found articles
| Title: |
Testing purchasing power parity in the presence of transaction costs |
| Author: |
Pippenger, Michael Geppert, John M. |
| Appeared in: |
Applied economics letters |
| Paging: | Volume 4 (1997) nr. 10 pages 611-614 |
| Year: |
1997-10 |
| Contents: |
This paper examines long-run purchasing power parity (PPP) using a new formulation of PPP in the presence of transaction costs. Our results strongly support the proposition that PPP holds as a long-run equilibrium condition. |
| Publisher: |
Routledge |
| Source file: |
Elektronische Wetenschappelijke Tijdschriften |
Details for article 161 of 198 found articles
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