Using monthly and quarterly data from a sample of up to 741 real exchange rate series, we examine several factors to explain the failure of the Law of One Price and Purchasing Power Parity. The factors are often excluded or assumed away in traditional analysis of these theorems. The main...

Writing across the curriculum (WAC) has become a guiding principle at many institutions of higher education. Unfortunately for many students of economics and business the standard vehicles of WAC do not adequately prepare them for the type of writing appropriate for the audience they are...