The PPP debate: Price matters!

被引：12

作者：

Coakley, J ^{[1
]}

Kellard, N ^{[1
]}

Snaith, S ^{[1
]}

机构：

[1] Univ Essex, Dept Accounting Finance & Management, Colchester CO4 3SQ, Essex, England

来源：

ECONOMICS LETTERS | 2005年 / 88卷 / 02期

关键词：

real exchange rate; CIPS test;

D O I：

10.1016/j.econlet.2005.01.020

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We implement panel unit root PPP tests that allow for cross-sectional dependence between 15 OECD economies 1973: 03-1998: 12. The main variation in the results stems from using the CPI or PPI indexes rather than from ignoring or allowing for cross-sectional dependence. (c) 2005 Elsevier B.V. All rights reserved.

引用

页码：209 / 213

页数：5

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