The overvaluation of purchasing power parity

1998/02/01 by Paul G.J. O'Connell, Paul G. O’Connell · 1,231 citations
Economics, Econometrics and Finance · Mathematics · #Econometrics #Economic Policies and Impacts #Economic theories and models #Economics #Exchange rate #Geography #Mathematics #Mean reversion #Monetary Policy and Economic Impact #Monetary economics #Null (SQL) #Null hypothesis #Parity (physics) #Physics #Purchasing power parity #Random walk #Random walk hypothesis #Relative purchasing power parity #Statistics #Unit root

paper · doi:10.1016/s0022-1996(97)00017-2

published in Journal of International Economics 44(1), 1-19 (Elsevier BV)

openalex publication_date 1998/02/01 · openalex created_date 2025/10/10 · openalex updated_date 2026/08/01

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