A Classroom Experiment on Exchange Rate Determination with Purchasing Power Parity - The authors develop a classroom experiment in which students participate in an auction to buy currency. They gain an understanding of the purchasing power parity, tariffs, and the effect of nontradable goods.
| Year of publication: |
2009
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|---|---|
| Authors: | Mitchell, David T. ; Rebelein, Robert P. ; Schneider, Patricia H. ; Simpson, Nicole B. ; Fisher, Eric |
| Published in: |
The journal of economic education. - Philadelphia, Pa : Routledge, ISSN 0022-0485, ZDB-ID 4105357. - Vol. 40.2009, 2, p. 150-165
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