Home bias and purchasing power parity: Evidence from the G-7 countries
dc.contributor.author | Μυλωνίδης, Νικόλαος | el |
dc.contributor.author | Sideris, D. | en |
dc.date.accessioned | 2015-11-24T17:04:31Z | |
dc.date.available | 2015-11-24T17:04:31Z | |
dc.identifier.issn | 1076-9307 | - |
dc.identifier.uri | https://olympias.lib.uoi.gr/jspui/handle/123456789/11188 | |
dc.rights | Default Licence | - |
dc.subject | ppp | en |
dc.subject | home bias | en |
dc.subject | panel data | en |
dc.subject | real exchange-rates | en |
dc.subject | behavior | en |
dc.subject | policy | en |
dc.subject | tests | en |
dc.title | Home bias and purchasing power parity: Evidence from the G-7 countries | en |
heal.abstract | Recent studies in the international economics literature emphasize the role of home bias in explaining a number of empirical puzzles. In the present study, we test for the following hypotheses: (i) that a home bias effect, which is nevertheless failing over time as traded goods markets become more integrated and consumption preferences become more similar across developed countries, influences the relationship among nominal exchange rates, domestic and foreign prices, and (ii) that incorporation of the home bias effect in the empirical specification of PPP enhances the robustness of the theory. We perform a panel data analysis using quarterly observations for the G-7 economies in the post-Bretton Woods era. The results confirm our hypotheses. Copyright (C) 2007 John Wiley & Sons, Ltd. | en |
heal.access | campus | - |
heal.fullTextAvailability | TRUE | - |
heal.identifier.primary | Doi 10.1002/Ijfe.339 | - |
heal.identifier.secondary | <Go to ISI>://000254888900006 | - |
heal.journalName | International Journal of Finance & Economics | en |
heal.journalType | peer reviewed | - |
heal.language | en | - |
heal.publicationDate | 2008 | - |
heal.recordProvider | Πανεπιστήμιο Ιωαννίνων. Σχολή Οικονομικών και Κοινωνικών Επιστημών. Τμήμα Οικονομικών Επιστημών | el |
heal.type | journalArticle | - |
heal.type.el | Άρθρο Περιοδικού | el |
heal.type.en | Journal article | en |
Αρχεία
Φάκελος/Πακέτο αδειών
1 - 1 of 1
Φόρτωση...
- Ονομα:
- license.txt
- Μέγεθος:
- 1.74 KB
- Μορφότυπο:
- Item-specific license agreed upon to submission
- Περιγραφή: