Essays about: "purchasing power parity"

Showing result 1 - 5 of 13 essays containing the words purchasing power parity.

  1. 1. Testing for Unit Root Processes for South American Countries

    University essay from Göteborgs universitet/Institutionen för nationalekonomi med statistik

    Author : Stefan Emmoth; Nicklas Nordfors; [2016-02-18]
    Keywords : ;

    Abstract : In this thesis, we aim to test the Purchasing Power Parity (PPP) hypothesison data from ten di erent South American countries, using di erent statisticalmethods. We begin by testing the hypothesis using the standard linear testsaugmented Dickey-Fuller and Phillips-Perron. READ MORE

  2. 2. Evaluating the Importance of PPP Error Correction in Exchange Rate Forecasting

    University essay from Uppsala universitet/Statistiska institutionen

    Author : Mattias Kain Wyatt; [2016]
    Keywords : ;

    Abstract : This paper evaluates the effects of error correction based on purchasing power parity in exchange rate forecasting models. This is done by evaluating the performance of VAR, VEC and baseline univariate models using British and Dutch exchange rates towards Sweden for a wide range of forecasting horizons with a rolling window approach. READ MORE

  3. 3. How and why do prices of identical products vary across countries?

    University essay from Högskolan i Jönköping/IHH, Economics, Finance and Statistics; Högskolan i Jönköping/IHH, Economics, Finance and Statistics

    Author : Gabriele Noreikaite; Mercédesz Dani; [2015]
    Keywords : ;

    Abstract : The validity of purchasing power parity and the law of one price have been constantly questioned as it is usually assumed that, at least in the long-run, commodity prices are perfectly arbitraged. The purpose of this paper is to investigate how and why do prices of identical goods vary across countries even today, in the globalized world, when trade costs are relatively low due to high mobility and the countless number of free-trade agreements. READ MORE

  4. 4. An Empirical Investigation of Factors Affecting the Standardization of Service Pricing - A Case Study of Flexlink

    University essay from Göteborgs universitet/Institutionen för nationalekonomi med statistik

    Author : Louise Lorentzon; Oscar Johnsson; [2013-08-08]
    Keywords : Pricing; Services; PPP; IIHP; FTU; International trade; Wage; Cost of Living;

    Abstract : Over the last decades, the service sector has increased as a percentage of the economies. This paper analyzes whether service prices can be internationally standardized based on the Purchasing Power Parity (PPP) theory. READ MORE

  5. 5. In the long run, we're all mean reverting - Wavelet analysis on the fate of real exchange rates

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : David Berger; [2013]
    Keywords : Purchasing Power Parity; Long Run Memory; ARFIMA p; d; q ; Unit root tests; Wavelets; Business and Economics;

    Abstract : This paper analyzes to what extent PPP holds in the long run. Firstly, standard unit root tests are used to test for stationarity. These results are then compared to the ones provided by a wavelet based OLS and an approximate ML estimator. READ MORE