Does Purchasing Power Parity Work?
收藏NBER1980-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w0607
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资源简介：
The logarithm of the purchasing power ratio (PPR) is shown for seven countries and three alternative price indices to follow a stationary and invertible process in the first differences. This means that permanent shifts in the parity value accumulate over time. Therefore, as the prediction interval
提供机构：
美国国家经济研究局
创建时间：
1980-12-01
