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Purchasing Power Parity analyzed through a continuous-time version of the ESTAR model

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  • Nicolau, João

Abstract

From the discrete-time Exponential Smooth Autoregressive model, we obtain a continuous-time version that provides new tools for analyzing the Purchasing Power Parity hypothesis.

Suggested Citation

  • Nicolau, João, 2011. "Purchasing Power Parity analyzed through a continuous-time version of the ESTAR model," Economics Letters, Elsevier, vol. 110(3), pages 182-185, March.
    • Handle: RePEc:eee:ecolet:v:110:y:2011:i:3:p:182-185
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