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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Bibliographic Details
Main Author: Nicolae Ghiba
Format: Article
Language:English
Published: Alexandru Ioan Cuza University of Iasi 2011-12-01
Series:CES Working Papers
Subjects:
Online Access:http://www.cse.uaic.ro/WorkingPapers/articles/CESWP2011_III4_GHI.pdf

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