Showing 1 - 10 of 14
The purchasing power parity puzzle relates to the adjustment of real exchange rates. Real exchange rates are extremely volatile, suggesting that temporary shocks emanate from the monetary sector. But the half-life of real exchange rate deviations is extremely large -- 2.5 to 5 years. This...
Persistent link: https://www.econbiz.de/10005830409
Persistent link: https://www.econbiz.de/10001620845
Persistent link: https://www.econbiz.de/10006976823
The purchasing power parity puzzle relates to the adjustment of real exchange rates. Real exchange rates are extremely volatile, suggesting that temporary shocks emanate from the monetary sector. But the half-life of real exchange rate deviations is extremely large -- 2.5 to 5 years. This...
Persistent link: https://www.econbiz.de/10012470168
Persistent link: https://www.econbiz.de/10005775313
Persistent link: https://www.econbiz.de/10005432346
Persistent link: https://www.econbiz.de/10005198639
Persistent link: https://www.econbiz.de/10005657399
Persistent link: https://www.econbiz.de/10005657411
Persistent link: https://www.econbiz.de/10005657419