We study the differences in currency misalignment estimates obtained from alternative datasets derived from two International Comparison Program (ICP) surveys. A decomposition exercise reveals that the year 2005 misalignment estimates are substantially affected by the ICP price revision....

We study the differences of currency misalignment estimates obtained from alternative datasets derived from two International Comparison Program (ICP) surveys. A decomposition exercise reveals that the year 2005 misalignment estimates are substantially affected by the ICP price revision....

This study is an attempt to estimate the dynamics (volatility) of Indian rupee instability against four major world currencies, i.e., US dollar, pound sterling, euro and Japanese yen, using 3,340 daily observations over a period of 13 years from January 3, 2000 to September 30, 2013. This paper...