Perspectives on PPP and Long-Run Real Exchange Rates
收藏NBER1994-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w4952
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资源简介：
This paper reviews the large and growing literature which tests PPP and other models of the long-run real exchange rate. We distinguish three different stages of PPP testing and focus on what has been learned from each. The most important overall lesson has been that the real exchange rate appears
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美国国家经济研究局创建时间：
1994-12-01
