IMF Staff papers : Volume 23 No. 1.
This chapter presents a review article on the purchasing power parity (PPP) theory of exchange rates. The PPP theory involves the ratio of two countries' price levels or price indices times a base period exchange rate as the most important variable determining the exchange rate, but it allows b...
| Körperschaft: | |
|---|---|
| Format: | Zeitschrift |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
1976.
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| Schriftenreihe: | IMF Staff Papers; IMF Staff Papers ;
No. 1976/001 |
| Online Zugang: | Full text available on IMF |