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Double purchasing power parity problem

Author

Listed:
  • Augusztinovics, Mária.

Abstract

Economic theory working paper on monetary policy to deal with double purchasing power economic disparity between countries with weak local currency and those with strong currencies - argues that price structures are related to fundamental economic conditions as determined by productivity and employment, and that there cannot be a single exchange rate for primary and secondary products. References, statistical tables.

Suggested Citation

  • Augusztinovics, Mária., 1986. "Double purchasing power parity problem," ILO Working Papers 992495903402676, International Labour Organization.
    • Handle: RePEc:ilo:ilowps:992495903402676
    as

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    File URL: http://www.ilo.org/public/libdoc/ilo/1986/86B09_429_engl.pdf
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