Home bias and deviations from purchasing power parity |
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| Authors: | Nikolaos Mylonidis |
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| Affiliation: | aUniversity of Ioannina, Department of Economics, 45110 Ioannina, Greece |
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| Abstract: | Empirical analysis has produced mixed results in testing for PPP. This note presents a simple model linking home bias towards home-produced tradable goods with deviations from absolute PPP. We show that this bias constitutes a significant determinant of PPP deviations. |
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| Keywords: | PPP Home bias Panel data |
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