Beach, Elsworth D.; Kruse, Nancy Cottrell; Uri, Noel D. - In: Journal of Economic Studies 20 (1993) September, pp. 3-23
Investigates the doctrine of Relative Purchasing Power Parity. Mixed evidence is found supporting the concept when using a method analogous to that used by Lucas in testing the quantity theory of money. Relative Purchasing Power Parity is not consistently rejected in the long run between Canada...