Understanding and predicting the evolution of exports after a change in the nominal exchange rate is of central importance in international economics. Most of the literature focuses on estimating this relationship by reduced form, with the aim of uncovering a single structural parameter, but...

Part 1: Purchasing Power Parity: Origin and Use -- Chapter 1: Salamancans and Gerard Malynes -- Chapter 2: Gustav Cassel -- Chapter 3: Purchasing Power Parity in Economic History -- Chapter 4: Afterword to Part I -- Part 2: Purchasing Power Parity: Empirical Studies -- Chapter 5: Absolute and...