ABSTRACT The Big Mac Index, introduced by The Economist magazine more than two
decades ago, claims to provide the 'true value'of a large number of currencies. This paper …

The validity of the long-run purchasing power parity hypothesis is tested by applying the
Engle and Granger two-step cointegration procedure and the Johansen and Juselius …

This paper defines the different versions of the purchasing power parity and establishes the
existing relationships between them in the light of econometric techniques. Monthly and …

This paper applies the well-known cointegration approach to explore a possible long–run
pairwise relationship between (i) US real budget deficits and real exchange rates, and (ii) …

This paper studies the validity of the long-run purchasing parity hypothesis. The five
currencies of interest in this study are the US dollar, the UK pound sterling, the German …

Under a managed float, the central bank may respond to an exchange market disequilibrium
by changing either the international reserves or the exchange rate or both such that neither …

In an oil exporting developing country the issue of how to stabilise the domestic economy
from oil market volatilities has been a big concern for both scholars and policy makers …

This article takes a quantitative approach to build upon McKinney and Shao's (2008)
qualitative contribution concerning resource a/location of indigent criminal defense …

Seasonal cointegration of the long-run purchasing power parity (PPP) is tested for Jamaica.
None of the variables have unit roots in their residuals at fre quencies 9= 1/4, 1/2 and 3/4 of …

This article takes a quantitative approach to build upon McKinney and Shao's (2008)
qualitative contribution concerning resource allocation of indigent criminal defense …