The current experience of flexible exchange rates: empirical evidence for ten industrial countries
The theories of Purchasing Power Parity and the monetary approach to the exchange rate were empirically tested for ten industrial countries over the sample period March 1973 through June 1978. Purchasing Power Parity (PPP) was held to represent the long-run equilibrium exchange rate, and the PPP m...
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| Format: | Others |
| Language: | en_US |
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Virginia Polytechnic Institute and State University
2016
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| Online Access: | http://hdl.handle.net/10919/71100 |