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Persistent link: https://www.econbiz.de/10001664054
This article is yet another simple test of the Purchasing Power Parity explanation of the exchange rate behaviour. We use the data of the US Dollar and Japanese Yen, and conclude that the PPP explanation has a substantial explanatory power for the behaviour of this exchange rate. The article...
Persistent link: https://www.econbiz.de/10010772843
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