Azoulay, Eddy (contributor); Brenner, Menachem (contributor) - 2007
exchange options; Purchasing Power Parity; Error Correction Model.
JEL Classification: E31, E44, E52.
We would like to … theoretical
foundation of our methodology is purchasing power parity theory. The Israeli financial
market has both, an … changes in the price of
foreign exchange is based on purchasing power parity between Israel and the US, and the
empirical …