Now showing items 1-6 of 6

    • Essays on international economics 

      Abreu, Ana Lucia Vahia de
      2006
      This study in International Economics has three main goals. First, to indicate, among seven price indices, the one with the highest purchasing power parity (PPP) evidence; second, to suggest that the international trade ...
    • Imaginary money 

      Loyo, Eduardo H. M. M.
      2001-10-11
      This paper considers price setting in pure units of account, linked to the means of payment through managed parities. If prices are sticky in the units in which they are set, parity changes may facilitate equilibrium ...
    • A new perspective on the PPP hypothesis 

      Kim, Soyoung; Lima, Luiz Renato Regis de Oliveira
      2004-03-01
      This paper the stastistical properties of the real exchange rates of G-5 countries for the Bretton-Woods peiod, and draw implications on the purchasing power parity (PPP) hypothesis. In contrast to most previous studies ...
    • A paridade do poder de compra: existe um quebra-cabeça? 

      Barbosa, Fernando de Holanda
      2005-03-01
      Este trabalho tem como objetivo mostrar que o 'quebra-cabeça' é na verdade um artefato estatístico, produzido pelo fato de que a taxa de câmbio real de equilíbrio de longo prazo não é constante, mas varia ao longo do tempo. ...
    • Purchasing power parity and the unit root tests: a robust analysis 

      Xiao, Zhijie; Lima, Luiz Renato Regis de Oliveira
      2004-07-01
      Empirical evidence suggests that real exchange rate is characterized by the presence of near-unity and additive outliers. Recent studeis have found evidence on favor PPP reversion by using the quasi-differencing (Elliott ...
    • Purchasing power parity: the choice of price index 

      Terra, Maria Cristina T.; Abreu, Ana Lucia Vahia de
      2005-04-01
      Looking closely at the PPP argument, it states that the currencies purchasing power should not change when comparing the same basket goods across countries, and these goods should all be tradable. Hence, if PPP is valid ...