Does the purchase power parity hold?

Does the purchase power parity hold?

need to contain empirical framework, data description and preliminary estimation results with tables and comments.
empirical framework should be include the graghs and summary statistics use the Eviews8 to analyse these data.about data; it should be searching for the exchange rate and CSI index of USA and China between 1995-2013. and use the macrobond excel to set the date.
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