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Componente no Estacionario y la Paridad del Poder de Compra en 12 Países Latinoamericanos

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  • Javier León
  • Carlos Oliva

Abstract

This paper shows evidence with respect to the Purchasing Power of Parity (PPP) hypothesis in twelve Latin American countries. The variance ratio statistic is used to gauge the stationary component in the real exchange rate, as well as the real exchange ra

Suggested Citation

  • Javier León & Carlos Oliva, 1992. "Componente no Estacionario y la Paridad del Poder de Compra en 12 Países Latinoamericanos," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 29(88), pages 481-504.
    • Handle: RePEc:ioe:cuadec:v:29:y:1992:i:88:p:481-504
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