An Alternative Version of Purchasing Power Parity
Dinçer Afat and
Michael Frömmel
International Journal of Finance & Economics, 2020, vol. 25, issue 4, 511-517
Abstract:
A vast literature on Purchasing Power Parity (PPP) has evolved and PPP has become the most popular concept in international finance. PPP is applied with various price indices such as consumer price index, wholesale price index, etc. In this article, we introduce a revised version of PPP equation for financial products, which is strongly supported by our panel data analysis.
Date: 2020
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https://doi.org/10.1002/ijfe.1767
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Persistent link: https://EconPapers.repec.org/RePEc:wly:ijfiec:v:25:y:2020:i:4:p:511-517
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