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. Initial results show that relative changes in consumer confidence in the USA and the Eurozone (CCI), relative consumer price …
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Theoretically commodity prices are expected to overshoot the money supply in the short run but to vary with unit proportionality in the long run. This follows from the observation that consumer prices are sticky and that commodity prices, set in auction markets are fully flexible. There is...
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between Japan and the USA. The results indicate that high-frequency finance data can reveal the existence of long-term PPP …
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between Japan and the USA. The results indicate that high-frequency finance data can reveal the existence of long-term PPP …
Persistent link: https://www.econbiz.de/10005753713
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