Double purchasing power parity problem

Mária. Augusztinovics

ILO Working Papers from International Labour Organization

Abstract: Economic theory working paper on monetary policy to deal with double purchasing power economic disparity between countries with weak local currency and those with strong currencies - argues that price structures are related to fundamental economic conditions as determined by productivity and employment, and that there cannot be a single exchange rate for primary and secondary products. References, statistical tables.

Keywords: economic theory; monetary policy; purchasing power; economic disparity; local currency; price; economic conditions; productivity.; employment; exchange rate; product; statistical table; théorie économique; politique monétaire; pouvoir d'achat; disparité économique; monnaie locale; teoría económica; política monetaria; poder adquisitivo; desigualdad económica; moneda local; prix; conditions économiques; productivité; emploi; cours du change; produit; tableau statistique; precio; condiciones económicas; productividad; empleo; tipo de cambio; producto; cuadros estadísticos (search for similar items in EconPapers)
Pages: 36 P. pages
Date: 1986
References: Add references at CitEc
Citations: View citations in EconPapers (28)

Published in International employment policies working paper series

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Persistent link: https://EconPapers.repec.org/RePEc:ilo:ilowps:992495903402676

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