Purchasing power parity has been the subject of many empirical studies. Much of this work has focused on recent history in developed countries. This article reports results of tests for nonlinear, mean reversion of the real exchange rate for a less-developed country, Mexico, using a previously ...
http://wenders.people.ua.edu/time-series-methods.html, 2008) is applied to long-span, high-frequency data to test for purchasing power parity in the Mexico–US real exchange rate. Overall the empirical results suggest that purchasing power parity (PPP) holds for the study period. The ...
(Cointegration tests using instrumental variables with an example of the U.K. demand for money. Unpublished working paper. http://wenders.people.ua.edu/time-series-methods.html , 2008) is applied to long-span, high-frequency data to test for purchasing power parity in the Mexico–US real ...
Purchasing power parity in Mexico since 1933 Article Open access 02 June 2017 Notes The period prior to 1998 was eliminated from the analysis because changes in overall inflation during the early years of the transition process (especially appreciation of the real exchange rate) were dominated by...
This paper investigates long-run Purchasing Power Parity (PPP) between the US and Mexico. We use a panel of disaggregated price data between the US and Mexico with a long time series to look at two types of aggregation bias. The first is examined in Imbs et al. -- which we refer to...
agatsby 正在翻译,请等待...[translate] aThis factor captures the purchasing power and the market size of the importing country, the demand side effect of the commodity. 这个因素夺取购买力和输入国的市场尺寸,商品的需求副作用。[translate]
In Mexico and Costa Rica, two comparatively well-off countries, only about 25% of the population have access to either a telephone or a cell phone and this climbs to a high of over 40% in Chile. At the other end of the spectrum are countries like Guyana and Nicaragua where less than ...
IntroductionRegional differences in Mexico are quite important. The gap of development between the northern states and southern states is particularly severe. This issue is the consequence of a low rate of economic convergence among states and regions. In accordance with recent studies1, in the last...
How Purchasing Power Parity (PPP) Works Let's use another example. Suppose the U.S. dollar/Mexican peso exchange rate is 1/15 pesos. If the price of a Big Mac in the U.S. is $3, the price of a Big Mac in Mexico would be around 45 pesos—assuming the countries have purchasing ...
Final Years of the Silver Standard in Mexico: Evidence of Purchasing Power Parity with The United States This paper investigates the classic purchasing power parity (PPP) relationship between the United States and Mexico during the 1995 閳 2007 period. It utili... A Bojanic - University Library...