𝔖 Bobbio Scriptorium
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ON SINGAPORE DOLLAR–U.S. DOLLAR AND PURCHASING POWER PARITY

✍ Scribed by LIEW, VENUS KHIM-SEN; BAHARUMSHAH, AHMAD ZUBAIDI; LIM, KIAN-PING

Book ID
120422335
Publisher
World Scientific Publishing Company
Year
2004
Tongue
English
Weight
232 KB
Volume
49
Category
Article
ISSN
0217-5908

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This paper examines the information on future exchange rate movements provided by the doctrine of purchasing power parity (PPP). Previous research has studied this issue by analysing the time-series properties of period-by-period levels of, or changes in, exchange rates. In contrast, the present stu