Purchasing power parity a different approach

Master thesis Greek OPEN
Σακελλής, Παναγιώτης;
(2001)
  • Publisher: Πανεπιστήμιο Πειραιώς
  • Subject: Purchasing power parity | Foreign exchange | Ισοτιμία αγοραστικής δύναμης | Συνάλλαγμα

Historically, Purchasing Power Parity (henceforth PPP) provides the simplest explanation of long-run exchange rate determination, according to which the equilibrium exchange rate between domestic and foreign currencies equals the ratio between domestic and foreign price... View more
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