ENGLISH

International Parity Conditions: Theory, Econometric Testing and Empirical Evidence

Book information

Publisher
Palgrave Macmillan UK
Year
1997
ISBN
978-1-349-25525-2, 978-1-349-25523-8
DOI
10.1007/978-1-349-25523-8
Language
english
Format
PDF
Filesize
30 MB (31145236 bytes)
Edition
1
Pages
XVII, 373\389
Time added
2017-06-25 01:07:36

Description

This book presents an extensive survey of the theory and empirics of international parity conditions which are critical to our understanding of the linkages between world markets and the movement of interest and exchange rates across countries. The book falls into three parts dealing with the theory, methods of econometric testing and existing empirical evidence. Although it is intended to provide a consensus view on the subject, the authors also make some controversial propositions, particularly on the purchasing power parity conditions.

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