English, Article, Journal or magazine article edition: The Alternative to the Existing System of the Concepts about Purchasing Power Parity Deviations . Derived from the Estonian Experience Jaanus Raim

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/183085
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • The Alternative to the Existing System of the Concepts about Purchasing Power Parity Deviations . Derived from the Estonian Experience
Author
  • Jaanus Raim
Physical Description
  • preprint
Notes
  • The huge price differences between the former Soviet Union (FSU) and remaining world emerged at the beginning of 1990s. This phenomenon of hundredfold relative purchasing power of foreign currencies in the republics of FSU is not systematically explained by the traditional system of the Purchasing Power Parity (PPP) deviations´ causes – by monetary, real demand side and real supply side shocks. In this context, the paper examines the traditional causes of price differences and derives the improved system of the PPP deviations´ causes. We show that both the basic causes of PPP deviations are determined by potential investors´ imagination about the usefulness of the countries´ assets.
  • price convergence, FSU, PPP, PPP deviations, cheapness, capital-information mismatch, Balassa-Samuelson effect, cost-recovery hypothesis, subjective business climate
  • RePEc:ttu:wpaper:115
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment