Purchasing Power Parity

Co-Integration and Error Correction: Representation, Estimation, and Testing

1987 • 30,456 citations

Statistical analysis of cointegration vectors

1988 • 16,501 citations

Expectations and Exchange Rate Dynamics

1976 • 4,751 citations

The Purchasing Power Parity Puzzle

1996 • 3,100 citations

A Monetary History of the United States 1867-1960

1964 • 2,103 citations

The handbook of international economics

1995 • 1,494 citations

Modelling Nonlinear Economic Relationships

1993 • 1,413 citations

Linear Regression Limit Theory for Nonstationary Panel Data

1999 • 1,388 citations

The Economics of Exchange Rates

2003 • 1,381 citations

How Big Is the Random Walk in GNP?

1988 • 1,326 citations

The overvaluation of purchasing power parity

1998 • 1,243 citations

Dynamic panel estimation and homogeneity testing under cross section dependence

2003 • 1,190 citations

Nonlinear Mean‐Reversion in Real Exchange Rates: Toward a Solution To the Purchasing Power Parity Puzzles

2001 • 1,041 citations

Real Exchange Rate Behavior: The Recent Float from the Perspective of the Past Two Centuries

1996 • 917 citations

Hysteresis, Import Penetration, and Exchange Rate Pass-Through

1989 • 871 citations

The behavior of real exchange rates during the post-Bretton Woods period

1998 • 846 citations

Official Intervention in the Foreign Exchange Market: Is It Effective and, If So, How Does It Work?

2001 • 825 citations

A Monetary Approach to the Exchange Rate: Doctrinal Aspects and Empirical Evidence

1976 • 810 citations

Purchasing Power Parity in the Long Run

1990 • 792 citations

Transactions Costs and Nonlinear Adjustment in Real Exchange Rates; An Empirical Investigation

1997 • 786 citations

A panel project on purchasing power parity: Mean reversion within and between countries

1996 • 705 citations

Dynamic Equilibrium and the Real Exchange Rate in a Spatially Separated World

1992 • 670 citations

Searching for stationarity: Purchasing power parity under the current float

1997 • 562 citations

Potential Pitfalls for the Purchasing-Power-Parity Puzzle? Sampling and Specification Biases in Mean-Reversion Tests of the Law of One Price

2001 • 554 citations

Abnormal Deviations in International Exchanges

1918 • 523 citations

An empirical examination of long-run purchasing power parity using cointegration techniques

1988 • 508 citations

A Fractional Cointegration Analysis of Purchasing Power Parity

1993 • 506 citations

Nonlinear adjustment, long-run equilibrium and exchange rate fundamentals

2000 • 476 citations

Deviations from Purchasing Power Parity in the Long Run

1983 • 456 citations

The collapse of purchasing power parities during the 1970's

1981 • 456 citations

Are Real Exchange Rates Nonstationary? Evidence from a Panel-Data Test

1996 • 435 citations

A Century of Purchasing-Power Parity

2002 • 433 citations

Real Exchange Rates under the Gold Standard

1991 • 427 citations

Real and nominal exchange rates in the long run: An empirical investigation

1990 • 427 citations

The Exchange Rate in the Presence of Transaction Costs: Implications for Tests of Purchasing Power Parity

1995 • 418 citations

Storage and Commodity Markets

1991 • 413 citations

The Economics of Exchange Rates

2004 • 394 citations

Testing the random walk hypothesis

1985 • 362 citations

Arima and Cointegration Tests of PPP under Fixed and Flexible Exchange Rate Regimes

1988 • 256 citations

Modeling non-linearities in real effective exchange rates

1999 • 243 citations

Flexible Exchange Rates in the Short Run

1976 • 236 citations

Purchasing Power Parity in the Long Run: A Test of the Dollar/Pound Exchange Rate (1890-1978)

1987 • 225 citations

Multi-country evidence on the behavior of purchasing power parity under the current float

1997 • 203 citations

Long-run purchasing power parity in the 1920s

1988 • 196 citations

The Microstructure of Foreign Exchange Markets

1997 • 195 citations

The Equilibrium Approach to Exchange Rates

1987 • 185 citations

Real exchange rates in the short, medium, and long run

1992 • 184 citations

Real exchange rates under the recent float: unequivocal evidence of mean reversion

1998 • 180 citations

Money and Foreign Exchange after 1914.

1923 • 176 citations

Real exchange rate behavior

1997 • 170 citations

International finance and trade

1979 • 168 citations

Quasi purchasing power parity

1998 • 167 citations

A Fractional Cointegration Analysis of Purchasing Power Parity

1993 • 160 citations

Purchasing power parity over two centuries: strengthening the case for real exchange rate stability

2000 • 158 citations

“The bigger they are, the harder they fall”: Retail price differences across U.S. cities

2002 • 149 citations

New panel unit root tests of PPP

1997 • 123 citations

The Microstructure of the Foreign-Exchange Market: A Selective Survey of the Literature

2001 • 122 citations

Växelkursens grundval vid pappersmyntfot

1916 • 96 citations

Monetary policy for a volatile global economy

1991 • 85 citations

The School of Salamanca. Readings in Spanish Monetary Theory, 1544-1605

1953 • 83 citations

Purchasing Power Parity As An Explanation of Long-Term Changes In Exchange Rates

1970 • 82 citations

The equilibrium pricing of exchange rates and assets when trade takes time

1988 • 80 citations

Some new stylized facts of floating exchange rates

1998 • 79 citations

Japanese financial market research

1992 • 78 citations

British Monetary Policy 1924-1931: The Norman Conquest of $4.86.

1973 • 76 citations

A century plus of Yen exchange rate behavior

1990 • 73 citations

Purchasing power parity and the real exchange rate

2003 • 47 citations

Real dollar exchange rate under the Bretton-Woods and floating exchange-rate regimes

1986 • 23 citations

The Economic Consequences of Mr. Churchill

2019 • 14 citations

Early Economic Thought in Spain, 1177-1740.

1980 • 13 citations

Deleted Work

1955 • 0 citations