There are many ways to look at the value of currencies. One of them is by using the concept of relative purchasing power parity. I will explain this simple concept below. This article describes how to ...

This paper tests the validity of Purchasing Power Parity (PPP) doctrine for Ghana using the conventional relative PPP equation. We conducted a univariate Augmented Dickey-Fuller unit root test on the ...

The Journal of Developing Areas, Vol. 41, No. 2 (Spring, 2008), pp. 205-231 (27 pages) For the small open economy of Botswana the PPP theory is validated in both the absolute and relative version for ...