Frydman, Roman; Goldberg, Michael D.; Johansen, Søren; … - School of Economics and Management, University of Aarhus - 2009
these two regularities with one model has been called the "purchasing power parity puzzle." In this paper, we trace the …
CREATES Research Paper 2009-1
A Resolution of the Purchasing Power Parity Puzzle:
Imperfect … Purchasing Power Parity
Puzzle: Imperfect Knowledge and Long
Swings
Roman Frydman , Michael D. Goldberg,y
S�ren Johansenz, and …