Frydman, Roman (contributor) - 2008
. 08-31
A Resolution of the Purchasing Power Parity Puzzle:
Imperfect Knowledge and Long Swings
Roman … Purchasing Power Parity Puzzle:
Imperfect Knowledge and Long Swings
Roman Frydman1, Michael D. Goldberg2, S�ren Johansen3, and …
that once imperfect knowledge is recognized, a monetary model is able to account for the
puzzle, as well as other salient …