?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.relation=https%3A%2F%2Fmpra.ub.uni-muenchen.de%2F18081%2F&rft.title=Purchasing+power+parity+in+Mexico%3A+a+historical+note&rft.creator=Wallace%2C+Frederick&rft.subject=C20+-+General&rft.subject=F31+-+Foreign+Exchange&rft.description=Purchasing+power+parity+has+been+the+subject+of+many+empirical+studies.+Much+of+this+work+has+focused+on+recent+history+in+developed+countries.+This+paper+reports+results+of+tests+for+nonlinear%2C+mean+reversion+of+the+real+exchange+rate+for+a+less-developed+country%2C+Mexico%2C+using+a+previously+unexploited+data+set+of+monthly+observations+for+1930-1960.+The+test+results+provide+weak+support+for+PPP.&rft.date=2009-10-01&rft.type=MPRA+Paper&rft.type=NonPeerReviewed&rft.format=application%2Fpdf&rft.language=en&rft.identifier=https%3A%2F%2Fmpra.ub.uni-muenchen.de%2F18081%2F1%2FMPRA_paper_18081.pdf&rft.identifier=++Wallace%2C+Frederick++(2009)%3A+Purchasing+power+parity+in+Mexico%3A+a+historical+note.++++&rft.language=en