IMF Staff Papers, Volume 50, No. 3 /

This paper analyzes the issue of purchasing power parity using real effective exchange rate (REER) data for 20 industrial countries in the post-Bretton Woods period. The serial correlation-robust median-unbiased estimator yields a cross-country average of half-lives of deviations from parity of abou...

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Bibliografiska uppgifter
Huvudupphovsman: Flood, Robert
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2003.
Serie:IMF Staff Papers; IMF Staff Papers ; No. 2003/003
Länkar:Full text available on IMF