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...
| Ente Autore: | |
|---|---|
| Natura: | Periodico |
| Lingua: | English |
| Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
1976.
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| Serie: | IMF Staff Papers; IMF Staff Papers ;
No. 1976/001 |
| Accesso online: | Full text available on IMF |