𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Further Evidence on PPP Adjustment Speeds: the Case of Effective Real Exchange Rates and the EMS

✍ Scribed by Ivan Paya; Ioannis A. Venetis; David A. Peel

Book ID
108554748
Publisher
John Wiley and Sons
Year
2003
Tongue
English
Weight
130 KB
Volume
65
Category
Article
ISSN
0140-5543

No coin nor oath required. For personal study only.

πŸ“œ SIMILAR VOLUMES

Real exchange rate effects on the balanc
Real exchange rate effects on the balance of trade: cointegration and the Marshall–Lerner condition
✍ Derick Boyd; Gugielmo Maria Caporale; Ron Smith πŸ“‚ Article πŸ“… 2001 πŸ› John Wiley and Sons 🌐 English βš– 218 KB πŸ‘ 1 views

## Abstract A typical finding in the empirical literature is that import and export demand elasticities are rather low, and that the Marshall–Lerner (ML) condition does not hold. However, despite the evidence against the ML condition, the consensus is that real devaluations do improve the balance o