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The Theory of Purchasing Power Parity in MENA Countries: The Quantile Unit Root Test

Seyyed Ali Paytakhti Oskooe; Ehsan Shafei

Volume 8, Issue 2 , December 2019, , Pages 253-263

https://doi.org/10.22099/ijes.2020.33571.1570

Abstract
  This paper examines the theory of purchasing power parity aboutthe exchange rate of the dollar with local currencies in MENAcountries - the Middle East and North Africa - using a unit root testestablished on the quantile auto regressive model during the period1980-2017. This test, like other unit root ...  Read More