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Testing Deviations From Purchasing Power Parity (PPP)

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NBER1984-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1475
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The purpose of this paper is to study analytically how the presence of transportation costs in a model of deviations from PPP affects the testing procedure of the PPP hypothesis The analysis shows that in the presence of transportation costs traditional regression analysis will tend to reject the
创建时间:
1984-10-01
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