![Equilibrium ER PPP: –Empirical evidence: Define: –Test the behavior of RER »If RER is non-stationary -> PPP does not hold »If RER is stationary -> PPP. - ppt download Equilibrium ER PPP: –Empirical evidence: Define: –Test the behavior of RER »If RER is non-stationary -> PPP does not hold »If RER is stationary -> PPP. - ppt download](https://slideplayer.com/4577416/15/images/slide_1.jpg)
Equilibrium ER PPP: –Empirical evidence: Define: –Test the behavior of RER »If RER is non-stationary -> PPP does not hold »If RER is stationary -> PPP. - ppt download
Full article: Towards resolving the purchasing power parity (PPP) 'Puzzle' in newly industrialized countries (NIC's)
![Hand of a business man completing the puzzle with the last missing piece.Concept image of Business Acronym PPP as Purchasing Power Parity Stock Photo - Alamy Hand of a business man completing the puzzle with the last missing piece.Concept image of Business Acronym PPP as Purchasing Power Parity Stock Photo - Alamy](https://c8.alamy.com/comp/ETM9R7/hand-of-a-business-man-completing-the-puzzle-with-the-last-missing-ETM9R7.jpg)
Hand of a business man completing the puzzle with the last missing piece.Concept image of Business Acronym PPP as Purchasing Power Parity Stock Photo - Alamy
![Dissecting the PPP puzzle: the unconventional roles of nominal exchange rate and price adjustments - ScienceDirect Dissecting the PPP puzzle: the unconventional roles of nominal exchange rate and price adjustments - ScienceDirect](https://ars.els-cdn.com/content/image/1-s2.0-S002219960300076X-gr1.gif)