Purchasing Power Parity, Balanced Growth, and Volatility ...
Gogas, Periklis![Purchasing Power Parity, Balanced Growth, and Volatility Forecasting](https://support.digitalhusky.com/media/annotations/sorted/430/43044451/CHSBZCOP0343044451.jpg)
I use recent advance in statistics and econometrics in an effort to re-test some well-known theoretical propositions, examine whether those new techniques support the theory, provide models that are better fitted to describe and forecast economic time-series. The Purchasing Power Parity theory is tested using the Fisher and Seater (1993) and King and Watson (1997) methodologies and strong evidence in support of PPP is found. I use the general ...