Long-Run Purchasing Power Parity and the Dollar-Sterling Exchange Rate in the 1920's /

This paper replies to Ahking's (1990) re-examination of Taylor and McMahon's (1988) analysis of long-run purchasing power parity in the 1920s. We demonstrate that Ahking's conclusions are only partially correct and reestablish our conclusion that, a form of long-run purchasing-power p...

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Hlavní autor: Taylor, Mark
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 1990.
Edice:IMF Working Papers; Working Paper ; No. 1990/118
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On-line přístup:Full text available on IMF