DukeSpace

Browsing by Subject "purchasing power parity"

DukeSpace

Browsing by Subject "purchasing power parity"

Sort by: Order: Results:

  • Confidence Intervals for Half-Life Deviations From Purchasing Power Parity
    Rossi, Barbara (Journal of Business \& Economic Statistics, 2005)
    According to the Purchasing Power Parity {(PPP)} theory, real exchange rate fluctuations are mainly caused by transitory shocks. The theory fits well one empirical feature of the data, namely the short-run volatility of ...
  • Exchange Rate Policy and Monetary Information
    Kimbrough, Kent (Journal of International Money and Finance, 1983)
    This paper develops a model of a small open economy in which the presence of local deviations from purchasing power parity give rise to differential information. It is assumed that the monetary authorities are committed ...
  • Price, Output, and Exchange Rate Movements in the Open Economy
    Kimbrough, Kent (Journal of Monetary Economics, 1983)
    Since the advent of managed floating it has come to be accepted as a stylized fact that short-run deviations from purchasing power parity are both substantial and persistent. Two explanations of these deviations have been ...