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International Parity Conditions - Theory, Econometric Testing and Empirical Evidence (Hardcover)
Loot Price: R2,899
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International Parity Conditions - Theory, Econometric Testing and Empirical Evidence (Hardcover)
Expected to ship within 10 - 15 working days
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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.
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