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Related Articles
How Much Is Purchasing Power Parity Worth?
Mar 22, 1998;
INTRODUCTION The theory of purchasing power parity (PPP) states that the exchange rate between two currencies is related to the...
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Hypothesis Testing with Near-Unit Roots: The Case of Long-Run Purchasing-Power Parity
Jul 01, 1993;
THE HYPOTHESIS THAT the purchasing power of a given currency, like the dollar, will be equal across countries has strong appeal....
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Purchasing power parity under the gold standard.
Jul 01, 2002;
1. Introduction Long-run purchasing power parity (LRPPP), a mainstay of international economic theory, has proved difficult to...
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A Note on Purchasing Power Parity and Aggregate Demand Elasticity
Sep 01, 1995;
The purchasing power parity theory of exchange rate determination predicts that countries which have a rate of inflation higher...
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Purchasing Power Parity: A China/U.S. Exploration
Nov 01, 2012;
1. INTRODUCTION According to Madura (2012), the absolute form of Purchasing Power Parity (PPP) theory states that the prices of...
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