Bivariate Assessments of Real Exchange Rates Using PPP Data

Bivariate Assessments of Real Exchange Rates Using PPP Data
This paper focuses on assessments of real exchange rates using PPP data and examines their limitations when these are based exclusively on bivariate estimations. It begins by presenting an analytical framework of the real exchange rate that shows that these estimations make many restrictive assumptions. In turn, the empirical evidence presented... READ MORE...

Publication date: June 2008
ISBN 9781451870114
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