Home bias and deviations from purchasing power parity (Journal article)

Mylonidis, N.


Empirical analysis has produced mixed results in testing for PPP. This note presents a simple model linking home bias towards home-produced tradable goods with deviations from absolute PPP.We show that this bias constitutes a significant determinant of PPP deviations.
Institution and School/Department of submitter: Πανεπιστήμιο Ιωαννίνων. Σχολή Οικονομικών και Κοινωνικών Επιστημών. Τμήμα Οικονομικών Επιστημών
Keywords: PPP,Home bias,Panel data
URI: http://olympias.lib.uoi.gr/jspui/handle/123456789/11189
Publisher: Elsevier
Appears in Collections:Άρθρα σε επιστημονικά περιοδικά ( Ανοικτά)

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