Long term determinants of the movements in exchange rate have been an active interest area for both theoretical and empirical research. In this paper, we consider the long run relationship between exchange rates, inflation and interest rates. We find evidence that the Purchasing Power Parity...

Private equity firms typically invest in small, privately held companies, help them grow and then exit the firm by taking it public or selling it to an acquirer. However, some times, private equity firms invest in public firms through a type of transaction called private investment in public...