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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| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
1990.
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| Collection: | IMF Working Papers; Working Paper ;
No. 1990/118 |
| Sujets: | |
| Accès en ligne: | Full text available on IMF |