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...
|Journal Title:||Journal of forecasting Vol. 14; no. 6; pp. 523 - 532|
|Author:||Steven J. Cochran|