Aggregation And The Ppp Puzzle In A Sticky Price Model
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Aggregation and the PPP Puzzle in a Sticky-price Model
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| Release | : 2008 |
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Language: en
Pages:
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Type: BOOK - Published: 2008 - Publisher:
Language: en
Pages: 43
Pages: 43
Type: BOOK - Published: 2003-04-01 - Publisher: International Monetary Fund
We show the importance of a dynamic aggregation bias in accounting for the PPP puzzle. We prove that established time-series and panel methods substantially exa
Language: en
Pages: 48
Pages: 48
Type: BOOK - Published: 2005 - Publisher:
"This article summarizes our views on the role of an "aggregation bias" in explaining the PPP (i.e. purchasing power parity) Puzzle, in response to the several
Language: en
Pages: 54
Pages: 54
Type: BOOK - Published: 2004 - Publisher:
"Recently, Imbs et. al. (2002) have claimed that much of the purchasing power parity puzzle can be explained by 'aggregation bias'. This paper re-examines aggre
Language: en
Pages: 26
Pages: 26
Type: BOOK - Published: 2005 - Publisher:
