Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 20 of 115 for “"Purchasing Power"”.
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Tests of purchasing power parity
… tests to investigate the thesis that relative purchasing power parity exists as a long-run equilibrium condition between country-pairs. It expands upon tests for relative purchasing power parity suggested by previous authors by pretesting price index time series for structural breaks, in …
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New panel unit root and cointegration tests of purchasing power parity
Purchasing Power parity (PPP) is one of the most investigated topics in international finance. The empirical analysis on PPP in the 1980s and 1990s relied on univariate tests such as Dickey Fuller and Augmented Dickey Fuller and cointegration tests. The empirical evidence from these methodologies …
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Purchasing Power: The Effects of Foreign Investment on Political Development in Kazakhstan
… and legislative changes. This enriched and empowered the regime. As a result, Kazakhstani presidentm Nursultan Nazarbayev, was able to consolidate control over the state by employing "soft authoritarian" tactics and by rewarding political supporters. The regime was able to employ these tactics …
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Purchasing power parity and Reserve Bank intervention in the foreign exchange market
This paper tests the behaviour of the PPP relationship in South Africa between 1993 and 2003 using cointegration techniques. The period under review is divided into two sub-phases. The first, from January 1993 to May 1998, encompasses the changing political situation and the initial effects of …
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Essays in financial economics : terror, consumption, and investment, currency options and liquidity premium, and purchasing power parity
This thesis is composed of three chapters, each includes one paper. The first chapter includes a paper that analyses the impact of terror on consumption and investment. This paper provides evidence on how consumers and investors react to terror attacks based on a new database from the …
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Collective economics : leveraging purchasing power of low-income communities for collective gain : Lawrence Community Works and the Network Advantage Program
… common interests can effectively utilize their purchasing power for collective benefits. Working with Lawrence Community Works (LCW), the thesis provides an economic profile of the organization's membership as the basis for proposing partnerships that seek to leverage the purchasing power of …
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A Comparative Study of the Time-Series Behavior and Predictive Ability of Historical Cost Earnings and General Purchasing Power Adjusted Earnings: An Empirical Investigation
… behavior and predictive ability of general purchasing power (GPP) accounting numbers. Accordingly, the primary objective of this study is to gather empirical evidence on the time-series behavior of both historical cost and GPP adjusted earnings series, and to use the Box-Jenkins (B-J) …
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The Impact of the Purchasing Power of Young, Employed, Modern Working-class Women on the Design, Mass Manufacture and Consumption of Fashionable Lightweight Day Dresses, 1930-1939
My thesis captures a significant and largely untold history of the demand for cheap, fashionable clothing for young working-class women. The term “agents of change” is of deep significance to this study that argues and proves that the close analysis of the consumption choices and the wearing of …
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The Law of One Price and Virtual Worlds
Price convergence and purchasing power parity are two important foundations to international trade theory. Yet there is still no consensus on their existence, despite numerous studies. While the debate over price convergence and purchasing power parity continues, the last several years have seen a …
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Does the Relative Price of Non-Traded Goods Contribute to the Short-Term Volatility in the U.S./Canada Real Exchange Rate? A Stochastic Coefficient Estimation Approach
… goods in each of the two countries. I test for purchasing power parity in each of the two components of the model and address the question of volatility through the examination of the time profile of the respective coefficient estimates. The empirical results support the conclusion that the …
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What Does One Billion Dollars Look Like?: Visualizing Extreme Wealth
… even harder to understand the vast difference in purchasing power between one billion dollars, and the average U.S. yearly income. Perhaps most difficult to conceive of is what that purchasing power and huge mass of capital translates to in terms of <em>power</em>. This project blends design, …
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How low-skilled immigration is changing US prices and labor markets : three essays
… immigration wave of the 1990s increased the purchasing power of high-skilled natives by 0.65 percent but decreased the purchasing power of low-skilled natives by 2.66 percent. The second essay, coauthored with Jose Tessada, is motivated by the first essay's finding that low-skilled …
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The current experience of flexible exchange rates: empirical evidence for ten industrial countries
The theories of Purchasing Power Parity and the monetary approach to the exchange rate were empirically tested for ten industrial countries over the sample period March 1973 through June 1978. Purchasing Power Parity (PPP) was held to represent the long-run equilibrium exchange rate, and the PPP …
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Export growth, economic growth and real exchange rate in Indonesia
… it is stationary by looking at the theory of purchasing power parity. The nonrejection of the purchasing power parity hypothesis implies stationarity of the real exchange rate; 5) Finally, we examine whether the real exchange rate of Indonesia and that of its trading partners share a common …
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The Incremental Predictive Ability of General Price Level Adjusted Accounting Numbers for Downward Bond Rating Changes
… the problems caused by the instability in the purchasing power of the dollar. FASB 33 recommended General Price Level adjustment of accounting numbers as one of two alternatives to deal with the problem of changing price levels. This study is an attempt to determine the increased usefulness, if …
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A portfolio analysis based on the leverage effect of exchange rates on JSE stocks
… future exchange rate expectations vis-a.-vis purchasing power parity (PPP).
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A Survey of the Student Purchases in the Grandview High School in Grandview, Washington
… purpose of this survey was (1) to determine the purchasing power and buying habits of a typical student, for himself and others, in a small high school over a specific period of time; (2) to compare the amounts (commodities and services) spent by boys and girls; (3) to determine the relative …
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Structural breaks and outliers detection in time-series econometrics: Methods and applications
… be used in practice. In Chapter 4, we tackle the purchasing power parity puzzle developing a robust estimator for the half-life of the real exchange rate. Specifically, we propose to identify outlying observations by means of a dummy saturation type algorithm designed for ARMA processes which …
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PPP, UIP and Fisher parity: speculation or rational expectations? Evidence for four Latin American countries
… (REH) where three key relations will be tested: Purchasing Power Parity (PPP), Uncovered Interest Rate Parity (UIP) and the Fisher Parity condition. The second model follows the line of thought of Imperfect Knowledge Economics (IKE) where two equilibrium relations will be tested. According to …
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