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International Capital Mobility in History: Purchasing-Power Parity in the Long Run

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NBER1996-09-01 更新2025-01-04 收录
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This paper investigates purchasing-power parity (PPP) since the late nineteenth century for a sample of twenty countries, a broader sample of pooled annual data than has been studied before. Econometric results for time-series and panel samples allows us to test the robustness of the PPP hypothesis

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1996-09-01
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