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THE VALIDITY OF THE PURCHASING POWER PARITY HYPOTHESIS IN OECD COUNTRIES: EVIDENCE FROM THE FOURIER TEST / OECD Ülkelerinde Satın Alma Gücü Paritesi Hipotezinin Geçerliliği: Fourier Testinden Kanıtlar

According to purchasing power parity (PPP), the nominal exchange rate between the two currencies should be equal to the ratio of the total price levels between the two countries. In other words, it is a simple theory that argues that countries' currencies will have the same purchasing value. In this...

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Автор: Süreyya İmre
Формат: Artigo
Мова:Inglês
Опубліковано: Recep Tayyip Erdoğan Üniversitesi 2021-10-01
Серія:Uluslararası Ekonomi, İşletme ve Politika Dergisi
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Онлайн доступ:https://dergipark.org.tr/tr/download/article-file/1948746
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