In this study, we apply the Panel Stationary test with both sharp and smooth breaks to test
the validity of long-run purchasing power parity (PPP) for 20 African countries using …

This study revisits Purchasing Power Parity theory (PPP) in the 34 OECD countries during
January 1994–August 2013. We use a new panel stationary test with both sharp breaks and …

This study revisits purchasing power parity (PPP) for the G6 countries (ie, Canada, Italy,
Japan, France, Germany, the UK) using smooth time-varying cointegrating approach …

This study presents an empirical analysis of purchasing power parity for 10emerging market
economies, namely Brazil, India, Indonesia, South Korea, Mexico, Pakistan, Peru …

This study examines whether the long-run purchasing power parity (PPP) holds in transition
economies (Bulgaria, the Czech Republic, Hungary, Latvia, Lithuania, Poland, Romania and …

Several different approaches have been followed by researchers to test the validity of
Purchasing Power Parity (PPP). Since the introduction of the unit-root tests, researchers …

This paper examines the efficient market hypothesis for the wine market using a novel unit
root test while accounting for sharp shifts and smooth breaks in the monthly data. We find …

This study revisits purchasing power parity (PPP) theory for 20 African countries using panel
asymmetric nonlinear unit root test proposed by Emirmahmutoglu and Omay (2014), through …

Using annual consumer price index (CPI) data for 17 US cities between 1918 and 2007, this
paper examines the implications of the choice of numeraire city for the behavior of relative …

Panel veriler, son yıllarda ekonometri literatüründe, üzerinde en çok tartışılan ve çalışılan
konuların arasında gelmektedir. Bunun temel nedenlerinden birisi hem birim hem de zaman …