Bogoev, Jane; Bojceva Terzijan, Sultanija; Petrovska, … - 2007
analysis is purchasing power parity (PPP). When using absolute
price levels (expressed in units of the foreign and domestic … the Purchasing Power Parity condition.
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We provide here with more direct evidence with regard to the empirical … decrease indicates depreciation.
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See .e.g. Eurostat-OECD methodological manual on purchasing power parities,
http …