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The Assessment of National Price Levels

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NBER1986-05-01 更新2025-01-04 收录
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This paper attempts to find norms for long-run national price levels,and therefore, by implication, for exchange rates, that are superior to those implied by the absolute or relative versions of purchasing power parity theory. The structural variables we have found to determine these price levels,

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1986-05-01
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