Purchasing power parity in Mexico: A historical note

Frederick H. Wallace

Producción científica: Contribución a una revistaArtículorevisión exhaustiva

2 Citas (Scopus)


Purchasing power parity has been the subject of many empirical studies. Much of this work has focused on recent history in developed countries. This article reports results of tests for nonlinear, mean reversion of the real exchange rate for a less-developed country, Mexico, using a previously unexploited data set of monthly observations for 1930-1960. The test results provide limited support for Purchasing Power Parity (PPP). © 2011 Taylor & Francis.
Idioma originalEspañol
Páginas (desde-hasta)349-352
Número de páginas4
PublicaciónApplied Economics Letters
EstadoPublicada - 1 mar. 2011
Publicado de forma externa

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