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...

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Detalhes bibliográficos
Autor Corporativo: International Monetary Fund. Research Dept
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1976.
coleção:IMF Staff Papers; IMF Staff Papers ; No. 1976/001
Acesso em linha:Full text available on IMF