Add to ORKGArghyrou, Gregoriou and Pourpourides (2009) argue that exchange rate uncertainty causes deviations from the law of one price. We test this hypothesis on aggregate data from the G7-area. We find that exchange rate uncertainty explains to a significant degree deviations from Purchasing Power Parity.Purchasing power parity; exchange rate uncertainty
The theory of purchasing power parity was originally designed by Gustav Cassel in 1918 to make the s...
Idiosyncratic consumption risk explains more than 60 percent of the cross-sectional variation in qua...
Uncertain Exchange Rate Policies and Interest Rate Determination We analyse how an uncertain ex...
Arghyrou, Gregoriou and Pourpourides (2009) argue that exchange rate uncertainty causes deviations f...
We argue that risk aversion driven by exchange-rate uncertainty causes a wedge between the domestic ...
We argue that risk aversion driven by exchange-rate uncertainty causes a wedge between the domestic ...
We argue that even in perfectly frictionless markets risk aversion driven by exchange rate uncertain...
This paper studies the effect of exchange rate uncertainty on the deviations of Covered Interest Rat...
Large differences in national price levels exist across countries. In this paper, I develop a genera...
We offer new insights on the dynamics of the exchange rate?interest rate differential for the case o...
The theories of the law of one price and purchasing power parity are thought to hold almost exactly ...
Purchasing power parity is a customary starting point for explanations of price changes in a country...
What is the impact of heightened exchange rate uncertainty on business cycle dynamics? This question...
The theory of purchasing power parity was originally designed by Gustav Cassel in 1918 to make the s...
Idiosyncratic consumption risk explains more than 60 percent of the cross-sectional variation in qua...
Uncertain Exchange Rate Policies and Interest Rate Determination We analyse how an uncertain ex...
Arghyrou, Gregoriou and Pourpourides (2009) argue that exchange rate uncertainty causes deviations f...
We argue that risk aversion driven by exchange-rate uncertainty causes a wedge between the domestic ...
We argue that risk aversion driven by exchange-rate uncertainty causes a wedge between the domestic ...
We argue that even in perfectly frictionless markets risk aversion driven by exchange rate uncertain...
This paper studies the effect of exchange rate uncertainty on the deviations of Covered Interest Rat...
Large differences in national price levels exist across countries. In this paper, I develop a genera...
We offer new insights on the dynamics of the exchange rate?interest rate differential for the case o...
The theories of the law of one price and purchasing power parity are thought to hold almost exactly ...
Purchasing power parity is a customary starting point for explanations of price changes in a country...
What is the impact of heightened exchange rate uncertainty on business cycle dynamics? This question...
The theory of purchasing power parity was originally designed by Gustav Cassel in 1918 to make the s...
Idiosyncratic consumption risk explains more than 60 percent of the cross-sectional variation in qua...
Uncertain Exchange Rate Policies and Interest Rate Determination We analyse how an uncertain ex...