Re-examine the long-run purchasing power parity hypothesis for a high inflation country: the case of Turkey 1980–93

1998 ◽  
Vol 5 (1) ◽  
pp. 51-53 ◽  
Author(s):  
Erdinc Telatar ◽  
Hasan Kazdagli
Keyword(s):  
Purchasing Power Parity ◽  
Purchasing Power ◽  
Power Parity ◽  
Long Run ◽  
High Inflation

scholarly journals International Evidence on Purchasing Power Parity: A Study of High and Low Inflation Countries

2021 ◽  
Vol 4 (3) ◽  
pp. p1
Author(s):  
Mehdi Monadjemi ◽  
John Lodewijks
Keyword(s):  
Purchasing Power Parity ◽  
Real Exchange Rates ◽  
Purchasing Power ◽  
Power Parity ◽  
Long Run ◽  
High Inflation ◽  
Annual Time Series ◽  
Exchange Rate Changes ◽  
The Relationship ◽  
Annual Time

The purpose of this article is to select a sample of low inflation countries and high inflation countries and examine the long run validity of the relative Purchasing Power Parity doctrine. We explore the notion that countries with historically low inflation experience strong and stable currency and those with a continuous high inflation face weak and depreciating currencies. After a review of the literature, a theoretical model is developed for the relationship between inflation and exchange rate changes. This is followed by some graphical annual time series and empirical results for selected countries. We find our hypothesis is supported for high inflation countries. We then explore productivity differences and their impact on real exchange rates.

Long-run purchasing power parity in the 1920s: the Greek experience

1992 ◽  
Vol 24 (12) ◽  
pp. 1301-1306 ◽  
Author(s):  
Dimitris A. Georgoutsos ◽  
Georgios P. Kouretas
Keyword(s):  
Purchasing Power Parity ◽  
Purchasing Power ◽  
Power Parity ◽  
Long Run

scholarly journals Long-run purchasing power parity with asymmetric adjustment: further evidence from African countries

2011 ◽  
Vol 43 (2) ◽  
pp. 231-242 ◽  
Author(s):  
Tsangyao Chang ◽  
Yang-Cheng Lu ◽  
D. P. Tang ◽  
Wen-Chi Liu
Keyword(s):  
Purchasing Power Parity ◽  
Purchasing Power ◽  
Power Parity ◽  
Asymmetric Adjustment ◽  
African Countries ◽  
Long Run

Purchasing Power Parity in the Long Run

1990 ◽  
Vol 45 (1) ◽  
pp. 157-174 ◽  
Author(s):  
NISO ABUAF ◽  
PHILIPPE JORION
Keyword(s):  
Purchasing Power Parity ◽  
Purchasing Power ◽  
Power Parity ◽  
Long Run

Long-run purchasing power parity redux

2020 ◽  
Vol 109 ◽  
pp. 102260
Author(s):  
David H. Papell ◽  
Ruxandra Prodan
Keyword(s):  
Purchasing Power Parity ◽  
Purchasing Power ◽  
Power Parity ◽  
Long Run
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