A Prism into the PPP Puzzles: The Micro-foundations of Big Mac Real Exchange Rates
收藏NBER2003-11-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w10074
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资源简介:
The real exchange rate (RER) has been called the single most important price, yet its behavior exhibits several puzzles. In this project, we use Big Mac prices as a unique prism to study the movement of real exchange rates. Part of our innovation is to match these prices to the prices of individual
提供机构:
美国国家经济研究局
创建时间:
2003-11-01



