The Dollar Exchange Rate, Adjustment to the Purchasing Power Parity, and the Interest Rate Differential
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"PPP Strikes Back: Aggregation And the Real Exchange Rate,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 120(1), pages 1-43.
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Keywords
real exchange rate modelling; purchasing power parity; interest rate differentials; Markov switching model; non-linearities; error correction model;All these keywords.
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