The concept of purchasing power parity (PPP) has been the subject of numerous studies,
many of which have been unable to prove conclusively this core principle of international …

The aim of this paper is to apply recently developed panel cointegration techniques
proposed by Pedroni (Oxford Bulletin of Economics and Statistics 61 (1999): Supplement …

The use of numbers to condense complex systems into easily digested'bites' of information
is very much in fashion. At one level they are intended to enhance transparency …

This paper re-examines the hypothesis of unemployment hysteresis in which the
endogenously determined break points are incorporated in 14 major OECD countries by …

This paper examines the validity of purchasing power parity hypothesis for 33 African
countries using recently developed Fourier unit root tests by Christopoulos and León …

We test the PPP hypothesis in 29 African countries using a newly developed nonlinear
Quantile unit root test with a Fourier function which accounts for smooth breaks. Simulation …

This study seeks to explain the dynamics of inflation in South Africa. It was motivated by the
recent monetary policy shift towards inflation targeting and the authorities' stated objective of …

Purpose The purpose of this paper is to examine the validity of the purchasing power parity
(PPP) hypothesis for two Southern African countries, namely: Lesotho and Zambia …

The purpose of this paper is to test the validity of the purchasing power parity (PPP) in Africa
in the context of a multivariate error-correction model. This approach allows for the …

This study explores whether the long-run purchasing power parity (PPP) hypothesis holds
for selected real exchange rates from Turkish economy during the period 1982M1 …