This work examines the linkages between goods and asset markets in establishing purchasing power parity in West African countries. Johansen cointegration technique was used to examine long term relationship between bilateral exchange rates, prices and interest ratios of each of the countries and the US. Our findings show that few of the countries support PPP with both bivariate and multivariate approach
This work examines the linkages between goods and asset markets in establishing purchasing power parity in West African countries. Johansen cointegration technique was used to examine long term relationship between bilateral exchange rates, prices and interest ratios of each of the countries and ...
مادة فرعية
Arabian Journal of Business and Management Review -Oman Chapter = ...