haku: @author Xu, Z. / yhteensä: 2
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| Tekijä: | Xu, Z. |
| Otsikko: | Purchasing power parity, price indices, and exchange rate forecasts |
| Lehti: | Journal of International Money and Finance
2003 : FEB, VOL. 22:1, p. 105-130 |
| Asiasana: | Economic forecasting Exchange rates Price indices Purchasing power parity |
| Kieli: | eng |
| Tiivistelmä: | The issue of using aggregate price indices for purchasing power parity (PPP) tests and the fitness of PPP as a model for exchange rate forecasting is addressed in this paper. The price index of traded-goods (TPI) appears to be a more appropriate price index for both PPP tests and exchange rate forecasting, when compared with consumer price index (CPI) and wholesale price index (WPI). |
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