Can purchasing power parity help forecast the dollar?

The information on future exchange rate movements provided by the doctrine of purchasing power parity (PPP) is examined. A recent study focuses on the durations of periods in which exchange rates deviate from their PPP levels. If PPP provides information about future exchange rate movements, these d...

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Journal Title: Journal of forecasting Vol. 14; no. 6; pp. 523 - 532
Author: Steven J. Cochran
Format: Article
Published: 1995