Testing Purchasing Power Parity for the New EU Members and Turkey: Panel Cointegration Analysis with Disaggregated CPI

This study applies multivariate panel cointegration technique to evaluate PPP hypothesis by using consumer price sub-indices of new EU member transition economies and Turkey. We aim not only to compare parameter estimates across the sectors of an economy but also across the economies at different EU...

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Bibliographic details
Volume: 11
Main Author: Saygili, Mesut
Saygili, Hulya
Format: Journal Article
Language: English
Place of publication: Research and Monetary Policy Department, Central Bank of the Republic of Turkey 2011
published in: Central Bank Review Vol. 11; no. 2; pp. 49 - 69
Data of publication: 2011
Series: Central Bank Review
Subjects:
Online Access: available in Bonn?
Database: RePEc IDEAS
RePEc
Database information Databases - DBIS