20.500.12556/DKUM-66967 Re-examination of the purchasing power parity in Central and Eastern European economies The empirical record on PPP tests for transition economies is far from being so opulent as it is for the developed market economies. This paper attempts to fill this gap by scrutinizing the theory of PPP on a sample of Central and Eastern European economies. The paper has two main advances with respect to previous PPP studies. First, it employs a monthly data base on real exchange rates for a panel of 12 Central and Eastern European economies by testing the theory separately with respect to US dollar and with respect to Euro. Second, we utilise a panel unit root test that involves the estimation of the ADF regression in a SUR framework. Since our study found support for the validity of PPP in some reforming European economies, special attention should be devoted to individual country-specific factors that cause PPP deviations. purchasing power parity real exchange rates stationarity test exchange rate currency exchange rates macroeconomics parity purchasing power of money purchasing power pariteta kupne moči realni menjalni tečaj test stacionarnosti tečaj valuta devizni tečaji makroekonomija pariteta kupna moč denarja kupna moč true false true Angleški jezik Slovenski jezik Znanstveno delo 2017-07-21 08:46:56 2017-07-21 08:47:57 2022-08-01 13:24:03 2019-07-11 16:05:04 2011 0 0 str. 184-193 št. 1 Letn. 2 0000-00-00 Zaloznikova Objavljeno NiDoloceno 0000-00-00 0000-00-00 0000-00-00 1848-0225 339.743 1458012 10765852 1848-0225 URN:SI:UM:DK:BAJWDZI5 Croatian_Operational_Research_Review_2011_Baharumshah,_Ehsan_Re-Examination_of_the_Purchasing_Power_Parity_in_Central_and_Eastern_Europh.pdf Croatian_Operational_Research_Review_2011_Baharumshah,_Ehsan_Re-Examination_of_the_Purchasing_Power_Parity_in_Central_and_Eastern_Europh.pdf 1 371DE1815609A56AF2470242FD96D2C5 f0b546ecfc42e55c48aac7228bb179a068d9c46a4c74eb8b34b78376fff5e546 7046c4b6-7c0e-11eb-bb7a-00155d0001ca 20.500.12556/dkum/cd2d8824-d9ba-4795-8952-2acd31c114e9 https://dk.um.si/Dokument.php?lang=slv&id=114425 http://hrcak.srce.hr/96662 1 https://dk.um.si/Dokument.php?lang=slv&id=114424 Ekonomsko-poslovna fakulteta 0 0 0