English, Article edition: Purchasing Power Parity and the Real Exchange Rate Lucio Sarno; Mark P. Taylor

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/77258
Physical Description
  • article
Language
  • English

Edition details

Title
  • Purchasing Power Parity and the Real Exchange Rate
Author
  • Lucio Sarno
  • Mark P. Taylor
Physical Description
  • article
Notes
  • RePEc:imf:imfstp:v:49:y:2002:i:1:p:5
  • We assess the progress made by the profession in understanding real exchange rate behavior through a selective and critical, but nonetheless expository, review of the literature. Our reading of the literature leads us to the main conclusions that purchasing power parity might be viewed as a valid long-run international parity condition when applied to bilateral exchange rates obtaining among major industrialized countries, and that mean reversion in real exchange rates displays significant nonlinearities. However, further work investigating the effects of real shocks on the long-run equilibrium level also seems warranted. Copyright 2002, International Monetary Fund
  • RePEc:pal:imfstp:v:49:y:2002:i:1:p:5
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