This paper builds a model of adjustment toward PPP for a panel of real exchange rates. The model eliminates some inconsistencies in previous models, which implied a model for the real exchange rate of country B relative to country C that was not commensurate with the posited model of the real...

The remolding of the state from an autocratic to a democratic one in postwar Japan is sometimes regarded as a successful case of external intervention for state-building. When Americans landed in Japan two weeks after Japan's acceptance of unconditional surrender, they expected to meet a fanatic...

This article reports on research designed to segment the market for table eggs in Ontario. Using benefit segmentation procedures, four segments were found. These segments are: Disinterested Consumers, Casual Egg Users, Health Conscious Consumers, and Enthusiastic Users. Profiles of these...

This paper builds a model of adjustment toward PPP for a panel of real exchange rates. The model eliminates some inconsistencies in previous models, which implied a model for the real exchange rate of country B relative to country C that was not commensurate with the posited model of the real...

This paper presents a general framework to address several issues that have arisen in recent work that investigates purchasing power parity (PPP) and other inter-regional relative price movements: (1) How can we model real exchange rate movements in a consistent manner, so that our model for the...