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Author = Moradi, Mohammad Ali

Number of Articles: 1
Nonlinear Adjustment Towards Purchasing Power Parity

Mohammad Ali Moradi

Volume 4, Issue 12 , October 2002, , Pages 11-29

Abstract
  The objective of this paper is to investigate the dynamics of adjustment to long-run purchasing power parity (PPP)in a nonlinear framework using the Iranian data over the period 1959-2000. Two PPP measures are considered and nonlinearity in the real exchange rates are investigated. First, the standard ...  Read More