简介：The initial data (see Appendix A) includes only the exchange rates, the CPI in the US, and the CPI in NewZealand. Each number was selected quarterly during a time horizon over September 30th 1914 to March 31st2010. The reason for choosing New Zealand is because New Zealand is among the countries that have had arelatively wide fluctuation of exchange rates during this time period, and the fluctuation is helpful in runningthe regression and testing the PPP theory.
简介：The initial data (see Appendix A) includes only the exchange rates, the CPI in the US, and the CPI in NewZealand. Each number was selected quarterly during a time horizon over September 30th 1914 to March 31st2010. The reason for choosing New Zealand is because New Zealand is among the countries that have had arelatively wide fluctuation of exchange rates during this time period, and the fluctuation is helpful in runningthe regression and testing the PPP theory.