Koukouritakis, Minoas - In: Applied Economics Letters 16 (2009) 1, pp. 39-44
This article examines the validity of the purchasing power parity (PPP) between each of the 12 new EU countries vis … among the nominal exchange rate, the domestic prices and the foreign prices, for all the new EU countries. The evidence also … for these countries the long-run PPP vis-a-vis the Eurozone is verified. For the rest of the new EU countries the long …