Boršič, Darja; Baharumshah, Ahmad Zubaidi; Bekő, Jani - In: Applied Economics Letters 19 (2012) 1, pp. 87-91
In this article we examine the theory of Purchasing Power Parity (PPP) on a sample of Central and Eastern European economies. This article makes two main advances with respect to previous PPP studies. First, it employs a monthly database on real exchange rates for a panel of 12 Central and...