The Collapse of Purchasing Power Parities during the 1970s
In: International Volatility and Economic Growth: The First Ten Years of The International Seminar on Macroeconomics
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Frenkel, Jacob A & Mussa, Michael L, 1980.
"The Efficiency of Foreign Exchange Markets and Measures of Turbulence,"
American Economic Review, American Economic Association, vol. 70(2), pages 374-381, May.
- Jacob A. Frenkel & Michael L. Mussa, 1980. "Efficiency of Foreign Exchange Markets and Measures of Turbulence," NBER Working Papers 0476, National Bureau of Economic Research, Inc.
- Gordon, Robert J., 1976.
"Recent developments in the theory of inflation and unemployment,"
Journal of Monetary Economics, Elsevier, vol. 2(2), pages 185-219, April.
- Robert J. Gordon, 1975. "Recent Developments in the Theory of Inflation and Unemployment," Discussion Papers 199, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Frenkel, Jacob A, 1981. "Flexible Exchange Rates, Prices, and the Role of "News": Lessons from the 1970s," Journal of Political Economy, University of Chicago Press, vol. 89(4), pages 665-705, August.
- Frenkel, Jacob A, 1980. "Exchange Rates, Prices, and Money: Lessons from the 1920's," American Economic Review, American Economic Association, vol. 70(2), pages 235-242, May.
- Jacob A. Frenkel, 1980. "Exchange Rates, Prices and Money: Lessons from the 1920s," NBER Working Papers 0452, National Bureau of Economic Research, Inc.
- Brunner, Karl & Meltzer, Allan H., 1976. "Institutional arrangements and the inflation problem," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 3(1), pages 1-13, January.
- Frenkel, Jacob A., 1978. "Purchasing power parity : Doctrinal perspective and evidence from the 1920s," Journal of International Economics, Elsevier, vol. 8(2), pages 169-191, May.
- Brunner, Karl & Meltzer, Allan H., 1979. "Policies for employment, prices, and exchange rates," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 11(1), pages 1-7, January.
- Lawrence H. Officer, 1976. "The Purchasing-Power-Parity Theory of Exchange Rates: A Review Article (Théorie de la parité des pouvoirs d'achat des taux de change: une étude) (La teorÃa de los tipos de cambio basados en la par," IMF Staff Papers, Palgrave Macmillan, vol. 23(1), pages 1-60, March.
- Frenkel, Jacob A. & Razin, Assaf, 1980. "Stochastic prices and tests of efficiency of foreign exchange markets," Economics Letters, Elsevier, vol. 6(2), pages 165-170.
- Mussa, Michael, 1976. "Our recent experience with fixed and flexible exchange rates: A comment," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 3(1), pages 123-141, January.
- Mussa, Michael, 1979. "Empirical regularities in the behavior of exchange rates and theories of the foreign exchange market," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 11(1), pages 9-57, January.
- Robert J. Gordon, 1977. "Can the Inflation of the 1970s be Explained?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 8(1), pages 253-279.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Frenkel, Jacob A. & Mussa, Michael L., 1985.
"Asset markets, exchange rates and the balance of payments,"
Handbook of International Economics, in: R. W. Jones & P. B. Kenen (ed.), Handbook of International Economics, edition 1, volume 2, chapter 14, pages 679-747,
Elsevier.
- Jacob A. Frenkel & Michael L. Mussa, 1984. "Asset Markets, Exchange Rates and the Balance of Payments," NBER Working Papers 1287, National Bureau of Economic Research, Inc.
- Jacob A. Frenkel, 1980. "The Collapse of Purchasing Power Parities during the 1970s," NBER Working Papers 0569, National Bureau of Economic Research, Inc.
- Richard M. Levich, 1983. "Empirical Studies of Exchange Rates: Price Behavior, Rate Determinationand Market Efficiency," NBER Working Papers 1112, National Bureau of Economic Research, Inc.
- Frenkel, Jacob A. & Rodriguez, Carlos A., 1980.
"Exchange Rate Dynamics and Overshooting Hypothesis,"
Foerder Institute for Economic Research Working Papers
275323, Tel-Aviv University > Foerder Institute for Economic Research.
- Jacob A. Frenkel & Carlos A. Rodriguez, 1982. "Exchange Rate Dynamics and the Overshooting Hypothesis," NBER Working Papers 0832, National Bureau of Economic Research, Inc.
- Marcos José Dal Bianco, 2008. "Argentinean real exchange rate 1900-2006, test purchasing power parity theory," Estudios de Economia, University of Chile, Department of Economics, vol. 35(1 Year 20), pages 33-64, June.
- Dumitriu, Ramona & Nistor, Costel & Stefanescu, Razvan, 2009. "Changes in the monthly effects from the Romanian foreign exchange market," MPRA Paper 41743, University Library of Munich, Germany, revised 08 May 2010.
- Meese, Richard & Rogoff, Kenneth, 1986.
"Was it real? The exchange rate -- Interest differential relation: 1973-1984,"
Journal of Economic Dynamics and Control, Elsevier, vol. 10(1-2), pages 297-298, June.
- Richard Meese & Kenneth Rogoff, 1985. "Was it Real? The Exchange Rate-Interest Differential Relation, 1973-1984," NBER Working Papers 1732, National Bureau of Economic Research, Inc.
- Meese, Richard & Rogoff, Kenneth, 1985. "Was It Real? The Exchange Rate-Interest Differntial Relation, 1973-1984," SSRI Workshop Series 292670, University of Wisconsin-Madison, Social Systems Research Institute.
- Richard Meese & Kenneth S. Rogoff, 1985. "Was it real? : the exchange rate-interest differential relation, 1973 - 1984," International Finance Discussion Papers 268, Board of Governors of the Federal Reserve System (U.S.).
- Ho, Tsung-wu, 2005. "Investigating the threshold effects of inflation on PPP," Economic Modelling, Elsevier, vol. 22(5), pages 926-948, September.
- Edmonds, Radcliffe Jr. & So, Jacky Y. C., 2004. "Is exchange rate volatility excessive? An ARCH and AR approach," The Quarterly Review of Economics and Finance, Elsevier, vol. 44(1), pages 122-154, February.
- Oscar Bajo-Rubio & Simón Sosvilla Rivero, 1993. "Teorías del tipo de cambio: una panorámica," Documentos de Trabajo del ICAE 9307, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Análisis Económico.
- Jacob A. Frenkel, 1982. "United States Inflation and the Dollar," NBER Chapters, in: Inflation: Causes and Effects, pages 189-210, National Bureau of Economic Research, Inc.
- Richard C. Marston & Guido Carli & Jacques Attali & John R. Petty & Robert Solomon, 1988. "Exchange Rate Coordination," NBER Chapters, in: International Economic Cooperation, pages 79-166, National Bureau of Economic Research, Inc.
- repec:onb:oenbwp:y::i:28:b:1 is not listed on IDEAS
- Robert P. Flood & Robert J. Hodrick, 1985.
"Optimal Price and Inventory Adjustment in an Open-Economy Model of the Business Cycle,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 100(Supplemen), pages 887-914.
- Robert P. Flood & Robert J. Hodrick, 1983. "Optimal Price and Inventory Adjustment in an Open-Economy Model of the Business Cycle," NBER Working Papers 1089, National Bureau of Economic Research, Inc.
- Choudhry, Taufiq, 1999. "Purchasing Power Parity in High-Inflation Eastern European Countries: Evidence from Fractional and Harris-Inder Cointegration Tests," Journal of Macroeconomics, Elsevier, vol. 21(2), pages 293-308, April.
- Peter Isard, 1982. "An accounting framework and some issues for modelling how exchange rates respond to the news," International Finance Discussion Papers 200, Board of Governors of the Federal Reserve System (U.S.).
- Aurélien Goutsmedt & Goulven Rubin, 2018.
"Robert J. Gordon and the introduction of the natural rate hypothesis in the Keynesian framework,"
Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers)
halshs-01821825, HAL.
- Aurélien Goutsmedt & Goulven Rubin, 2018. "Robert J. Gordon and the introduction of the natural rate hypothesis in the Keynesian framework," Post-Print halshs-01821825, HAL.
- Aurélien Goutsmedt & Goulven Rubin, 2018. "Robert J. Gordon and the Introduction of the Natural Rate Hypothesis in the Keynesian Framework," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-02988080, HAL.
- Aurélien Goutsmedt & Goulven Rubin, 2018. "Robert J. Gordon and the Introduction of the Natural Rate Hypothesis in the Keynesian Framework," Post-Print hal-02988080, HAL.
- Aurélien Goutsmedt & Goulven Rubin, 2018. "Robert J. Gordon and the introduction of the natural rate hypothesis in the Keynesian framework," Documents de travail du Centre d'Economie de la Sorbonne 18013, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
- Christopher J. Neely & Lucio Sarno, 2002.
"How well do monetary fundamentals forecast exchange rates?,"
Review, Federal Reserve Bank of St. Louis, vol. 84(Sep), pages 51-74.
- Christopher J. Neely & Lucio Sarno, 2002. "How well do monetary fundamentals forecast exchange rates?," Working Papers 2002-007, Federal Reserve Bank of St. Louis.
- Edwards, Sebastian, 1983.
"Floating exchange rates, expectations and new information,"
Journal of Monetary Economics, Elsevier, vol. 11(3), pages 321-336.
- Sebastian Edwards, 1983. "Floating Exchange Rates, Expectations and New Information," NBER Working Papers 1064, National Bureau of Economic Research, Inc.
- Kunze, Frederik, 2017. "Predicting exchange rates in Asia: New insights on the accuracy of survey forecasts," University of Göttingen Working Papers in Economics 326, University of Goettingen, Department of Economics.
- V. Vance Roley, 1986. "U.S. Monetary Policy Regimes and U.S.-Japan Financial Relations," NBER Working Papers 1858, National Bureau of Economic Research, Inc.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nbr:nberch:11681. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/nberrus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.