Recommended readings (Machine generated): Gustav Cassel (1916), 'The Present Situation of The Foreign Exchanges', Economic Journal, XXVI (101), March, 62-5 -- Gustav Cassel (1920), 'Further Observations on the World's Monetary Problem', Economic Journal, XXX (117), March, 39-45 -- Yihui Lan (2002), 'The Explosion of Purchasing Power Parity', in Meher Manzur (ed) (ed.), Exchange Rates, Interest Rates and Commodity Prices, Chapter 2, Cheltenham, UK: Edward Elgar, 9-38 -- Bela Balassa (1964), 'The Purchasing-Power Parity Doctrine: A Reappraisal', Journal of Political Economy, 72, 584-96 -- Paul A. Samuelson (1964), 'Theoretical Notes on Trade Problems', Review of Economics and Statistics, 46, 145-54 -- Peter Isard (1977), 'How Far Can We Push the "Law of One Price"?', American Economic Review, 67 (5), December, 942-8 -- Jacob A. Frenkel (1978), 'Purchasing Power Parity: Doctrinal Perspective and Evidence from the 1920s', Journal of International Economics, 8 (2), May, 169-91 -- Michael Adler and Bruce Lehmann (1983), 'Deviations from Purchasing Power Parity in the Long Run', Journal of Finance, XXXVIII (5), December, 1471-87 -- Dean Corbae and Sam Ouliaris (1988), 'Cointegration and Tests of Purchasing Power Parity', Review of Economics and Statistics, 70, 508-11 -- Craig S. Hakkio (1984), 'A Re-examination of Purchasing Power Parity: A Multi-Country and Multi-Period Study', Journal of International Economics, 17, 265-77 -- Niso Abuaf and Philippe Jorion (1990), 'Purchasing Power Parity in the Long Run', Journal of Finance, XLV (1), March, 157-74 -- Meher Manzur (1990), 'An International Comparison of Prices and Exchange Rates: A New Test of Purchasing Power Parity', Journal of International Money and Finance, 9 (1), March, 75-91 -- James R. Lothian and Mark P. Taylor (1996), 'Real Exchange Rate Behavior: The Recent Float from the Perspective of the Past Two Centuries', Journal of Political Economy, 104 (3), 488-509 -- Jeffrey A. Frankel and Andrew K. Rose (1996), 'A Panel Project on Purchasing Power Parity: Mean Reversion Within and Between Countries', Journal of International Economics, 40 (1-2), 209-24 -- Panos Michael, A. Robert Nobay and David A. Peel (1997), 'Transactions Costs and Nonlinear Adjustment in Real Exchange Rates: An Empirical Investigation', Journal of Political Economy, 105 (4), 862-79 -- Mark P. Taylor and Lucio Sarno (1998), 'The Behavior of Real Exchange Rates during the Post-Bretton Woods Period', Journal of International Economics, 46, 281-312 -- Charles Engel (2000), 'Long-Run PPP May Not Hold After All', Journal of International Economics, 57, 243-73 -- Li Lian Ong (1997), 'Burgernomics: The Economics of the Big Mac Standard', Journal of International Money and Finance, 16 (6), 865-78 -- Kenneth Rogoff (1996), 'The Purchasing Power Parity Puzzle', Journal of Economic Literature, XXXIV, June, 647-68
