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Taking Sides Citigroup in Post-WTO China
Essay specific features


Written by:
Scott A
Date added:
August 13, 2015
Level:
University
Grade:
B
No of pages / words:
8 / 2021
Was viewed:
8295 times
Rating of current essay:
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)...
displayed 300 characters
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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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