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Endogenous Exchange Rate in the Medium Term: A Weak Law of Purchasing Power Parity for the LINK System

In: Demand, Equilibrium and Trade

Author

Listed:
  • L. R. Klein
  • S. Fardoust
  • V. Filatov

Abstract

Project LINK is a co-operative international research investigation in which national or regional macroeconometric models covering the entire world are brought together consistently for studying the international transmission mechanism. At present, the system consists of some eighteen national models of OECD countries, eight models of centrally planned economies, and four regional models of developing areas. A residual sector estimates trade flows for the ‘rest-of-the-world.

Suggested Citation

  • L. R. Klein & S. Fardoust & V. Filatov, 1984. "Endogenous Exchange Rate in the Medium Term: A Weak Law of Purchasing Power Parity for the LINK System," Palgrave Macmillan Books, in: A. Ingham & A. M. Ulph (ed.), Demand, Equilibrium and Trade, chapter 10, pages 171-190, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-06358-1_10
    DOI: 10.1007/978-1-349-06358-1_10
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    Cited by:

    1. Pulido San Román, Antonio & Pérez García, Julián, 2006. "Lawrence R. Klein and Applied Economics/Lawrence R. Klein y la economía aplicada," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 24, pages 43-94, Abril.

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