Long-Run Purchasing Power Parity (Doktrin Paritas Daya Beli) dengan the Error Correction Model

Utami, Nunung Nurastuti

Akuntansi Bisnis & Manajemen (ABM)
Vol 11 No 1 (2004): April

This research investigated the short and long run validity and reability of purchasinb power parity (PPP). Error Correction Model (RCM( is employed to examine pooled data of Indonesia-US exchange rate. Wholesale price indices and consumer price indices are gathered from IFS. The findings suggest that either short or long run Purchasing Power Parity do not hold.