International Parity Conditions: Theory, Econometric Testing and Empirical Evidence

Bhatti, Razzaque H.; Moosa, Imad A.

This book presents an extensive survey of the theory and empirics of international parity conditions which are critical to our understanding of the linkages between world markets and the movement of interest and exchange rates across countries. The book falls into three parts dealing with the theory, methods of econometric testing and existing empirical evidence. Although it is intended to provide a consensus view on the subject, the authors also make some controversial propositions, particularly on the purchasing power parity conditions.

Details

Published by: Palgrave Macmillan

Publication Date: 1997-07-13

Format: Paperback

ISBN-13: 9781349255252

DOI: 10.1007/978-1-349-25523-8

Dimensions: 216cm x140cm

Pages: 373