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
Purchasing power parity and uncovered interest parity: The Spanish case
✍ Scribed by Francisco J. Ledesma; Manuel Navarro; Jorge V. Perez; Simón Sosvilla
- Publisher
- Springer US
- Year
- 1998
- Tongue
- English
- Weight
- 889 KB
- Volume
- 4
- Category
- Article
- ISSN
- 1083-0898
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