Speed of Reversion of Deviations of the Purchasing Power Parity for Brazilian Cities
This study estimates the rate of reversion of deviations from the PPP for Brazilian cities considering three possible sources of bias: i) Nickell, ii) the heterogeneity of the autoregressive coefficients, and iii) generated by the temporal aggregation of price indices. The values of the estimated ha...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Fundação Getúlio Vargas
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| Series: | Revista Brasileira de Economia |
| Subjects: | |
| Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402018000100026&lng=en&tlng=en |