Similar Search Results - EconBiz

The common-trend and transitory dynamics in real exchange rate fluctuations

Bergman, Michael U.; Cheung, Yin-Wong; Lai, Kon-sun - In: Applied economics 43 (2011) 1/3, pp. 1-18

Persistent link: https://www.econbiz.de/10009011326

Dissecting the PPP puzzle : the unconventional roles of nominal exchange rate and price adjustment

Cheung, Yin-Wong; Lai, Kon-sun; Bergman, Michael U. - 2003

The conventional view, as expounded by sticky-price models, is that price adjustment determines the PPP reversion rate. This study examines the mechanism by which PPP deviations are corrected. Nominal exchange rate adjustment, not price adjustment, is shown to be the key engine governing the...

Persistent link: https://www.econbiz.de/10011507767

Dissecting the PPP puzzle : the unconventional roles of nominal exchange rate and price adjustments

Cheung, Yin-Wong; Lai, Kon-sun; Bergman, Michael U. - In: Journal of international economics 64 (2004) 1, pp. 135-150

Persistent link: https://www.econbiz.de/10002214116

Productivity shocks, monetary shocks, and the short- and long-run dynamics of exchange rates and relative prices

Bergman, Michael U.; Cheung, Yin-Wong; Lai, Kon-sun - 2000

Persistent link: https://www.econbiz.de/10001503866

Parity convergence of real exchange rates : what role does price adjustment play?

Cheung, Yin-Wong; Lai, Kon-sun; Bergman, Michael U. - 2000

Persistent link: https://www.econbiz.de/10001517166

Dissecting the PPP puzzle : the unconventional roles of nominal exchange rate and price adjustments

Cheung, Yin-Wong; Lai, Kon-sun; Bergman, Michael U. - 2003

The conventional view, as expounded by sticky-price models, is that price adjustment determines the PPP reversion rate. This study examines the mechanism by which PPP deviations are corrected. Nominal exchange rate adjustment, not price adjustment, is shown to be the key engine governing the...

Persistent link: https://www.econbiz.de/10001753613

A service of the