Estimating Currency Misalignment Using the Penn Effect: It’s Not as Simple As It Looks
收藏NBER2016-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w22539
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资源简介：
We investigate the strength of the Penn effect in the most recent version of the Penn World Tables (PWTs). We find that the earlier findings of a Penn effect are confirmed, but that there is some evidence for nonlinearity. Developed and developing countries display different types of nonlinear
提供机构：
美国国家经济研究局
创建时间：
2016-08-01
