Ventosa-Santaularia, Daniel; Wallace, Frederick; … - Centro de Investigación y Docencia Económicas (CIDE) - 2013
exchange rate, hence evidence of PPP, for the full sample, 1930-2012 and various subsamples. The persistence of deviations of … the real rate from its PPP level as measured by half-lives ranges from 1.37 to 2.41 years. …
