Purchasing Power Parity

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Rudiger Dornbusch;
  • Publisher: Edward Elgar Publishing Ltd
  • Subject: Development Studies, Economics and Finance, | Development Studies,
    • jel: jel:G0 | jel:E0

The paper is a survey of PPP theory and evidence prepared for the New Palgrave dictionary of economics. Following a statement of the absolute and relative versions of the theory, there is a brief sketch of the history of thought with emphasis on Cassel and the monetary ... View more
  • References (3)

    Aizenman, J. (1984), "Testing Deviations from Purchasing Power Parity (ppp)" NBER Working Paper No 1475, October.

    Balassa, B. (1964), "The Purchasing Power Parity Doctrine: A Reappraisal," Journal of Political Economy, December.

    Metzler, L. A. et.al. (1947), 'International Monetary Policies," Board of Governors of the Federal Reserve, Postwar Economic Studies, No.7,

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