"Aggregation Bias" DOES Explain the PPP Puzzle
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https://www.nber.org/papers/w11607
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资源简介:
This article summarizes our views on the role of an "aggregation bias" in explaining the PPP Puzzle, in response to the several papers recently written in reaction to our initial contribution. We discuss in particular the criticisms of Imbs, Mumtaz, Ravn and Rey (2002) presented in Chen and Engel
提供机构:
美国国家经济研究局
创建时间:
2005-09-01



