Purchasing power parity puzzle as a trade phenomenon
The purchasing power parity puzzle is among the central issues of international macroeconomics. In my thesis, I document and explain the persistence and volatility of its empirical counterpart - the real exchange rate - as a trade phenomenon arising from heterogeneous physical characteristics of pro...
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| Language: | English |
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2009
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| Online Access: | http://hdl.handle.net/2429/16899 |