Lucio Sarno, Mark P. Taylor
Abstract
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Issued under the auspices of the Centre's research programme in International Macroeconomics. Also available at http://www.cepr.org/pubs/dps/DP2913.asp target=NewWindow>www.cepr.org/pubs/dps/DP2913.asp
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Issued under the auspices of the Centre's research programme in International Macroeconomics. Also available at http://www.cepr.org/pubs/dps/DP2913.asp target=NewWindow>www.cepr.org/pubs/dps/DP2913.asp
Key concepts: Purchasing power parity, Relative purchasing power parity, Mean reversion, Parity (physics), Economics, Exchange rate, Interest rate parity, Purchasing power