Advanced search
Publication Cover
Applied Economics Letters Volume 4, 1997 - Issue 10
Submit an article Journal homepage
47
Views
7
CrossRef citations to date
0
Altmetric
Original Articles

Testing purchasing power parity in the presence of transaction costs

Michael Pippenger Department of Economics, School of Management, University of Alaska, P.O. Box 756080, Fairbanks, Alaska, 99775, USA
&
John M. Geppert Department of Finance, College of Business Administration, University of Nebraska-Lincoln, Lincoln, NE, 68588–0490, USA
Pages 611-614 | Received 14 Jun 1996, Published online: 02 Nov 2006
 
Sample our Economics, Finance,Business & Industry journals, sign in here to start your access, latest two full volumes FREE to you for 14 days

Abstract

This paper examines long-run purchasing power parity (PPP) using a new formulation of PPP in the presence of transaction costs. Our results strongly support the proposition that PPP holds as a long-run equilibrium condition.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Order Reprints Request Corporate Permissions

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

Request Academic Permissions

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.

Related research

People also read lists articles that other readers of this article have read.

Recommended articles lists articles that we recommend and is powered by our AI driven recommendation engine.

Cited by lists all citing articles based on Crossref citations.
Articles with the Crossref icon will open in a new tab.