PURCHASING POWER PARITY INFLUENCE ON REAL EXCHANGE RATE BEHAVIOR IN ROMANIA
Purchasing Power Parity (PPP) represents a fundamental concept in exchange rate modeling. The main idea is given by equality between prices in two different countries when expressing in the same currency.This paper aims to analyze the behavior of real exchange rate between EURO and Romanian new leu...
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| Format: | Article |
| Language: | English |
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Alexandru Ioan Cuza University of Iasi
2011-12-01
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| Series: | CES Working Papers |
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| Online Access: | http://www.cse.uaic.ro/WorkingPapers/articles/CESWP2011_III4_GHI.pdf |