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The currencies provided below are compared to the Canadian Dollar. A green bar suggested that the regional money is overvalued by the percentage number presented on the axis; the money is therefore intended to depreciate against the Canadian Dollar in the long run. A red bar indicates undervaluation of the local currency; the money is hence expected to appreciate against the Canadian Dollar in the long run.
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The currencies provided listed below are compared to the European Euro. A green bar suggested that the neighborhood currency is overvalued by the percentage number presented on the axis; the money is hence meant to depreciate versus the Euro in the lengthy run. A red bar indicates undervaluation of the local currency; the currency is hence intended to appreciate against the Euro in the long run.
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"> Wright here deserve to I gain even more information?
• OECD National Accounts: The OECD publishes PPPs for all OECD countries. You can retrieve a table with the OECD"s 1950-2015 PPP prices. This is a comma-seprated file that have the right to be conveniently imported right into a spreadsheet program. • From The Economist magazine: The Big Mac Index - as they put it "The world"s the majority of exact financial indicator (to be based on a rapid food item), via a ten-year retrospective on burgernomics" • Wilfred J. Ethier: Modern International Economics, 3rd edition. W. W. Norton & Comp., New York/London: 1995. Chapter 18, area 2 on "Price Linkages" includes an excellent non-technical overview of PPP • Kenneth Rogoff: The Purchasing Power Parity Puzzle, Journal of Economic Literature, 34(2), June 1996, pperiods 647-668. This recent survey gives a summary of advancements through respect to research on PPP, including the arising consensus that deviations from PPP execute damp out yet only extremely slowly, at roughly fifteen percent per year. It continues to be difficult to describe why the estimated speed of convergence to PPP is so sluggish. • For the even more technically minded, I recommend searching the EconLit database for current research papers on PPP. This is an extremely active branch of financial study, both theoretically and also empirically.
© 2019 by Werner Antweiler, College of British Columbia. All civil liberties scheduled.


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