An International Comparison of Prices and Exchange Rates
Author: Meher Manzur
Publisher:
Published: 1988
Total Pages: 0
ISBN-13:
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Author: Meher Manzur
Publisher:
Published: 1988
Total Pages: 0
ISBN-13:
DOWNLOAD EBOOKAuthor: Alan Heston
Publisher: University of Chicago Press
Published: 2007-12-01
Total Pages: 546
ISBN-13: 0226331121
DOWNLOAD EBOOKEconomists wish to compare prices, real income, and output across countries and regions for many purposes. In the past, such comparisons were made in nominal terms, or by using exchange rates across countries, ignoring differences in price levels and thus distorting the results. Great progress has been made in interspatial comparisons in the past thirty years, but descriptions and discussions of the new measures have been scattered in unpublished or inaccessible papers. International and Interarea Comparisons of Income, Output, and Prices includes discussions of developments in the United Nations International Comparison Program, the largest effort in this field, and in the ICOP program on the production side, including efforts in both to extend the comparisons to the formerly planned economies. Other papers in this volume explore new programs on interspatial comparisons within the United States. There are also theoretical papers on how interspatial comparisons should be made and several examples of uses of such comparisons.
Author: Milton Gilbert
Publisher:
Published: 1954
Total Pages: 256
ISBN-13:
DOWNLOAD EBOOKAuthor: Milton Gilbert
Publisher:
Published: 1954*
Total Pages: 208
ISBN-13:
DOWNLOAD EBOOKAuthor: Verdensbanken
Publisher:
Published: 2005
Total Pages:
ISBN-13:
DOWNLOAD EBOOKThe International Comparison Program (ICP) is a worldwide statistical partnership to collect comparative price data and compile detailed expenditure values of countries' gross domestic products (GDP), and to estimate purchasing power parities (PPPs) of the world's economies. Using PPPs instead of market exchange rates to convert currencies makes it possible to compare the output of economies and the welfare of their inhabitants in real terms (that is, controlling for differences in price levels).
Author: OECD
Publisher: OECD Publishing
Published: 2012-11-30
Total Pages: 448
ISBN-13: 9264189238
DOWNLOAD EBOOKThis manual gives a complete, detailed and up-to-date description of the Eurostat-OECD PPP Programme, including its organisation, the various surveys carried out by participating countries and the ways PPPs are calculated and disseminated. It also provides guidance on the use of PPPs.
Author: United Nations International Comparison Project
Publisher: New York : United Nations : EUROSTAT
Published: 1986
Total Pages: 20
ISBN-13:
DOWNLOAD EBOOKAuthor: International Monetary Fund. Research Dept.
Publisher: International Monetary Fund
Published: 1976-01-01
Total Pages: 313
ISBN-13: 1451956436
DOWNLOAD EBOOKThis chapter presents a review article on the purchasing power parity (PPP) theory of exchange rates. The PPP theory involves the ratio of two countries' price levels or price indices times a base period exchange rate as the most important variable determining the exchange rate, but it allows both for other explanatory variables and for random influences. Criticisms of PPP include the existence of tariffs and transport costs, the role of income in exchange rate determination, and the existence of noncurrent account items in the balance of payments. The direction of causality (prices to exchange rates) has also been called into question. Several kinds of tests of the PPP theory have appeared in the empirical literature. One test demonstrates that the ratio of PPP to the exchange rate is systematically related to differences in per capita income across countries. Other tests correlate time series of PPP and the exchange rate or perform a comparative-static comparison of the two variables over time.
Author: World Bank
Publisher: World Bank Publications
Published: 2013-04-25
Total Pages: 697
ISBN-13: 0821397311
DOWNLOAD EBOOKThis volume provides a comprehensive review of the statistical theory and methods underlying the estimation of purchasing power parities (PPPs) and real expenditures, the choices made for the 2005 International Comparison Program (ICP) round, and the lessons learned that led to improvements in the 2011 ICP.
Author: Michelle Beyeler
Publisher: Haupt Verlag AG
Published: 2007
Total Pages: 186
ISBN-13: 3258071853
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