Taking Sides Citigroup in Post-WTO China

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Issue:

Business

 

Written by:

Scott A

 

Date added:

August 13, 2015

 

Level:

University

 

Grade:

B

 

No of pages / words:

8 / 2021

 

Was viewed:

8212 times

 

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Essay content:

Presumably driven by the disbelief that such an intuitively appealing proposition about exchange rate behavior had found little support in the data, researchers have embarked in a "search" for PPP using increasingly sophisticated time series methods. The early 1990s have seen a proliferation of studies testing for PPP over the long-run either by testing whether nominal exchange rates and relative prices move together (co integrate) or by testing whether the real exchange rate has a tendency to revert to a stable equilibrium level over time (is stationary)...
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The early 1990s have seen a proliferation of studies testing for PPP over the long-run either by testing whether nominal exchange rates and relative prices move together (co integrate) or by testing whether the real exchange rate has a tendency to revert to a stable equilibrium level over time (is stationary)...
displayed 300 characters

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