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What Remains of Purchasing Power Parity? Author info | Abstract | Publisher info | Download info | Related research | Statistics Rogoff, Kenneth
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Paper provided by C.V. Starr Center for Applied Economics, New York University in its series Working Papers with number
95-07.
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Length: 45 pages
Date of creation: 1995Date of revision:
Handle: RePEc:cvs:starer:95-07Contact details of provider: Postal: C.V. Starr Center, Department of Economics, New York University, 19 W. 4th Street, 6th Floor, New York, NY 10012 Phone: (212) 998-8936 Fax: (212) 995-3932 Web page: http://econ.as.nyu.edu/object/econ.cvstarr.html More information through EDIRC
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For technical questions regarding this item, or to correct its listing, contact: (Anne Stubing).
Keywords: Trade ; exchange rate ; Other versions of this item:
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: De Gregorio, Jose & Giovannini, Alberto & Krueger, Thomas H, 1994.
"The Behavior of Nontradable-Goods Prices in Europe: Evidence and Interpretation ,"
Review of International Economics ,
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Other versions: Diebold, Francis X & Husted, Steven & Rush, Mark, 1991.
"Real Exchange Rates under the Gold Standard ,"
Journal of Political Economy ,
University of Chicago Press, vol. 99(6), pages 1252-71, December.
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Other versions: Hali J. Edison & Joseph E. Gagnon & William R. Melick, 1994.
"Understanding the empirical literature on purchasing power parity: the post-Bretton Woods era ,"
International Finance Discussion Papers
465, Board of Governors of the Federal Reserve System (U.S.).
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Other versions: Feenstra, R.C., 1995.
"Estimating the Effects of Trade Policy ,"
Papers
95-10, California Davis - Institute of Governmental Affairs.
Other versions:
Robert C. Feenstra, 1995.
"Estimating the Effects of Trade Policy ,"
NBER Working Papers
5051, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Feenstra, R.C., 1995.
"Estimating the Effects of Trade Policy ,"
Department of Economics
95-10, California Davis - Department of Economics.
Feenstra, Robert C., 1995.
"Estimating the effects of trade policy ,"
Handbook of International Economics ,
in: G. M. Grossman & K. Rogoff (ed.), Handbook of International Economics, edition 1, volume 3, chapter 30, pages 1553-1595
Elsevier.
[Downloadable!] (restricted) Irving B. Kravis & Robert E. Lipsey, 1982.
"Towards an Explanation of National Price Levels ,"
NBER Working Papers
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Gailliot, Henry J, 1970.
"Purchasing Power Parity as an Explanation of Long-Term Changes in Exchange Rates ,"
Journal of Money, Credit and Banking ,
Blackwell Publishing, vol. 2(3), pages 348-57, August.
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Shang-Jin Wei & David C. Parsley, 1995.
"Purchasing Power Disparity During the Floating Rate Period: Exchange Rate Volatility, Trade Barriers and Other Culprits ,"
NBER Working Papers
5032, National Bureau of Economic Research, Inc.
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Clarida, Richard & Gali, Jordi, 1994.
"Sources of real exchange-rate fluctuations: How important are nominal shocks? ,"
Carnegie-Rochester Conference Series on Public Policy ,
Elsevier, vol. 41(1), pages 1-56, December.
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Other versions:
Clarida, Richard & Galí, Jordi, 1994.
"Sources of Real Exchange Rate Fluctuations: How Important are Nominal Shocks? ,"
CEPR Discussion Papers
951, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Jordi Galí & Richard Clarida, 1993.
"Sources of Real Exchage Rate Fluctuations: How Important are Nominal Shocks? ,"
Economics Working Papers
66, Department of Economics and Business, Universitat Pompeu Fabra, revised Jan 1994.
[Downloadable!] Richard Clarida & Jordi Gali, 1994.
"Sources of Real Exchange Rate Fluctuations: How Important are Nominal Shocks? ,"
NBER Working Papers
4658, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Richard Clarida & Jordi Gali, 1994.
"Sources of real exchange rate fluctuations: how important are nominal shocks? ,"
Proceedings ,
Federal Reserve Bank of Dallas, issue Apr.
Atish R. Ghosh & Holger C. Wolf, 1994.
"Pricing in International Markets: Lessons from The Economist ,"
Working Papers
94-21, New York University, Leonard N. Stern School of Business, Department of Economics.
Lewis, Karen K., 1995.
"Puzzles in international financial markets ,"
Handbook of International Economics ,
in: G. M. Grossman & K. Rogoff (ed.), Handbook of International Economics, edition 1, volume 3, chapter 37, pages 1913-1971
Elsevier.
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Rogers, John H. & Jenkins, Michael, 1995.
"Haircuts or hysteresis? Sources of movements in real exchange rates ,"
Journal of International Economics ,
Elsevier, vol. 38(3-4), pages 339-360, May.
[Downloadable!] (restricted)
Other versions: Giovannini, Alberto, 1988.
"Exchange rates and traded goods prices ,"
Journal of International Economics ,
Elsevier, vol. 24(1-2), pages 45-68, February.
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Tamim Bayoumi & Peter B. Clark & Steven A. Symansky & Mark P. Taylor, 1994.
"Robustness of Equilibrium Exchange Rate Calculations to Alternative Assumptions and Methodologies ,"
IMF Working Papers
94/17, International Monetary Fund.
Atish R. Ghosh & Holger C. Wolf, 1994.
"Pricing in International Markets: Lessons From The Economist ,"
NBER Working Papers
4806, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Huizinga, John, 1987.
"An empirical investigation of the long-run behavior of real exchange rates ,"
Carnegie-Rochester Conference Series on Public Policy ,
Elsevier, vol. 27(1), pages 149-214, January.
[Downloadable!] (restricted)
Hsieh, David A., 1982.
"The determination of the real exchange rate : The productivity approach ,"
Journal of International Economics ,
Elsevier, vol. 12(3-4), pages 355-362, May.
[Downloadable!] (restricted)
Bela Balassa, 1964.
"The Purchasing-Power Parity Doctrine: A Reappraisal ,"
Journal of Political Economy ,
University of Chicago Press, vol. 72, pages 584.
[Downloadable!] (restricted)
Hooper, Peter & Morton, John, 1982.
"Fluctuations in the dollar: A model of nominal and real exchange rate determination ,"
Journal of International Money and Finance ,
Elsevier, vol. 1(1), pages 39-56, January.
[Downloadable!] (restricted)
Michael R. Darby, 1983.
"Movements in Purchasing Power Parity: The Short and Long Runs ,"
NBER Chapters ,
in: The International Transmission of Inflation, pages 462-477
National Bureau of Economic Research, Inc.
[Downloadable!]
Froot, Kenneth A. & Rogoff, Kenneth, 1995.
"Perspectives on PPP and long-run real exchange rates ,"
Handbook of International Economics ,
in: G. M. Grossman & K. Rogoff (ed.), Handbook of International Economics, edition 1, volume 3, chapter 32, pages 1647-1688
Elsevier.
[Downloadable!] (restricted)
Graham Elliott & Thomas J. Rothenberg & James H. Stock, 1992.
"Efficient Tests for an Autoregressive Unit Root ,"
NBER Technical Working Papers
0130, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: Enders, Walter, 1988.
"ARIMA and Cointegration Tests of PPP under Fixed and Flexible Exchange Rate Regimes ,"
The Review of Economics and Statistics ,
MIT Press, vol. 70(3), pages 504-08, August.
[Downloadable!] (restricted)
Asea, Patrick K & Mendoza, Enrique G, 1994.
"The Balassa-Samuelson Model: A General-Equilibrium Appraisal ,"
Review of International Economics ,
Blackwell Publishing, vol. 2(3), pages 244-67, October.
Kenneth A. Froot & Kenneth Rogoff, 1991.
"The EMS, the EMU, and the Transition to a Common Currency ,"
NBER Chapters ,
in: NBER Macroeconomics Annual 1991, Volume 6, pages 269-328
National Bureau of Economic Research, Inc.
[Downloadable!]
Other versions: Mussa, Michael, 1986.
"Nominal exchange rate regimes and the behavior of real exchange rates: Evidence and implications ,"
Carnegie-Rochester Conference Series on Public Policy ,
Elsevier, vol. 25(1), pages 117-214, January.
[Downloadable!] (restricted)
Edison, Hali J, 1987.
"Purchasing Power Parity in the Long Run: A Test of the Dollar/Pound Exchange Rate (1890-1978) ,"
Journal of Money, Credit and Banking ,
Blackwell Publishing, vol. 19(3), pages 376-87, August.
[Downloadable!] (restricted)
Lothian, James R & Taylor, Mark P, 1996.
"Real Exchange Rate Behavior: The Recent Float from the Perspective of the Past Two Centuries ,"
Journal of Political Economy ,
University of Chicago Press, vol. 104(3), pages 488-509, June.
[Downloadable!] (restricted)
Edison, Hali J & Klovland, Jan Tore, 1987.
"A Quantitative Reassessment of the Purchasing Power Parity Hypothesis: Evidence from Norway and the United Kingdom ,"
Journal of Applied Econometrics ,
John Wiley & Sons, Ltd., vol. 2(4), pages 309-33, October.
[Downloadable!] (restricted)
Other versions: Obstfeld, Maurice & Rogoff, Kenneth, 1995.
"The intertemporal approach to the current account ,"
Handbook of International Economics ,
in: G. M. Grossman & K. Rogoff (ed.), Handbook of International Economics, edition 1, volume 3, chapter 34, pages 1731-1799
Elsevier.
[Downloadable!] (restricted)
Other versions: Charles Engel & John H. Rogers, 1994.
"How Wide is the Border? ,"
NBER Working Papers
4829, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions:
Charles Engel & John H. Rogers, 1995.
"How wide is the border? ,"
International Finance Discussion Papers
498, Board of Governors of the Federal Reserve System (U.S.).
[Downloadable!] Engel, C. & Rogers, J.H., 1995.
"How Wide is the Border? ,"
Papers
4-95-16, Pennsylvania State - Department of Economics.
Charles Engel & John H. Rogers, 1995.
"How wide is the border? ,"
Research Working Paper
95-09, Federal Reserve Bank of Kansas City.
[Downloadable!] Engel, Charles & Rogers, John H, 1996.
"How Wide Is the Border? ,"
American Economic Review ,
American Economic Association, vol. 86(5), pages 1112-25, December.
[Downloadable!] (restricted) Taylor, Mark P, 1988.
"An Empirical Examination of Long-run Purchasing Power Parity Using Cointegration Techniques ,"
Applied Economics ,
Taylor and Francis Journals, vol. 20(10), pages 1369-81, October.
Meese, Richard A. & Rogoff, Kenneth, 1983.
"Empirical exchange rate models of the seventies : Do they fit out of sample? ,"
Journal of International Economics ,
Elsevier, vol. 14(1-2), pages 3-24, February.
[Downloadable!] (restricted)
Jeffrey A. Frankel, 1986.
"International Capital Mobility and Crowding Out in the U.S. Economy: Imperfect Integration of Financial Markets or of Goods Markets? ,"
NBER Working Papers
1773, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: Jose De Gregorio & Holger C. Wolf, 1994.
"Terms of Trade, Productivity, and the Real Exchange Rate ,"
NBER Working Papers
4807, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: Adler, Michael & Lehmann, Bruce, 1983.
" Deviations from Purchasing Power Parity in the Long Run ,"
Journal of Finance ,
American Finance Association, vol. 38(5), pages 1471-87, December.
[Downloadable!] (restricted)
Lothian, James R., 1997.
"Multi-country evidence on the behavior of purchasing power parity under the current float ,"
Journal of International Money and Finance ,
Elsevier, vol. 16(1), pages 19-35, February.
[Downloadable!] (restricted)
Cheung, Yin-Wong & Lai, Kon S., 1994.
"Mean reversion in real exchange rates ,"
Economics Letters ,
Elsevier, vol. 46(3), pages 251-256, November.
[Downloadable!] (restricted)
Isard, Peter, 1977.
"How Far Can We Push the "Law of One Price"? ,"
American Economic Review ,
American Economic Association, vol. 67(5), pages 942-48, December.
[Downloadable!] (restricted)
Kenneth Rogoff, 1992.
"Traded Goods Consumption Smoothing and the Random Walk Behavior of the Real Exchange Rate ,"
NBER Working Papers
4119, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Glen, Jack D., 1992.
"Real exchange rates in the short, medium, and long run ,"
Journal of International Economics ,
Elsevier, vol. 33(1-2), pages 147-166, August.
[Downloadable!] (restricted)
Charles Engel, 1991.
"Is real exchange rate variability caused by relative price changes? An empirical investigation ,"
Research Working Paper
91-02, Federal Reserve Bank of Kansas City.
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Pinelopi K. Goldberg & Michael M. Knetter, 1996.
"Goods Prices and Exchange Rates: What Have We Learned? ,"
NBER Working Papers
5862, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: Charles Engel, 1995.
"Accounting for U.S. Real Exchange Rate Changes ,"
NBER Working Papers
5394, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions:
Engel, C., 1996.
"Accounting for U.S. Real Exchange Rate Changes ,"
Discussion Papers in Economics at the University of Washington
96-02, Department of Economics at the University of Washington.
Engel, C., 1996.
"Accounting for U.S. Real Exchange Rate Changes ,"
Working Papers
96-02, University of Washington, Department of Economics.
Charles Engel, 1999.
"Accounting for U.S. Real Exchange Rate Changes ,"
Journal of Political Economy ,
University of Chicago Press, vol. 107(3), pages 507-538, June.
[Downloadable!] (restricted) Michael R. Pakko & Patricia S. Pollard, 1996.
"For here or to go? Purchasing power parity and the Big Mac ,"
Review ,
Federal Reserve Bank of St. Louis, issue Jan, pages 3-22.
[Downloadable!]
Anton Muscatelli & Franco Spinelli & Carmine Trecroci, 2001.
"Real Exchange Rates in the Long Run: Evidence from Historical Data ,"
Working Papers
2001_6, Department of Economics, University of Glasgow.
[Downloadable!]
Atish Ghosh & Holger Wolf, 2001.
"Imperfect Exchange Rate Passthrough: Strategic Pricing and Menu Costs ,"
CESifo Working Paper Series
CESifo Working Paper No. , CESifo Group Munich.
[Downloadable!]
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