The Purchasing Power Parity Criterion for Stabilizing Exchange Rates.
The use of purchasing power parity as a basis of fixing exchange rates among industrial countries, as proposed by McKinnon, is discussed and contrasted with alternative interpretations of the PPP doctrine. Major policy implications of such a regime are emphasized. Furthermore, a new technique for es...
| Awdur Corfforaethol: | |
|---|---|
| Fformat: | Cylchgrawn |
| Iaith: | English |
| Cyhoeddwyd: |
Washington, D.C. :
International Monetary Fund,
1989.
|
| Cyfres: | IMF Working Papers; Working Paper ;
No. 1989/052 |
| Mynediad Ar-lein: | Full text available on IMF |