Purchasing power parity a different approach
| dc.contributor.advisor | Πιττής, Νικήτας | |
| dc.contributor.author | Σακελλής, Παναγιώτης | |
| dc.date.accessioned | 2015-09-04T08:14:11Z | |
| dc.date.available | 2015-09-04T08:14:11Z | |
| dc.date.issued | 2001-05 | |
| dc.identifier.uri | https://dione.lib.unipi.gr/xmlui/handle/unipi/7197 | |
| dc.format.extent | 112 | el |
| dc.language.iso | el | el |
| dc.publisher | Πανεπιστήμιο Πειραιώς | el |
| dc.rights | Attribution-NonCommercial-NoDerivatives 4.0 Διεθνές | * |
| dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/4.0/ | * |
| dc.subject | Purchasing power parity | el |
| dc.subject | Foreign exchange | el |
| dc.subject | Ισοτιμία αγοραστικής δύναμης | el |
| dc.subject | Συνάλλαγμα | el |
| dc.title | Purchasing power parity a different approach | el |
| dc.type | Master Thesis | el |
| dc.contributor.department | Σχολή Χρηματοοικονομικής και Στατιστικής. Τμήμα Χρηματοοικονομικής και Τραπεζικής Διοικητικής | el |
| dc.identifier.call | 332.456 ΣΑΚ | el |
| dc.description.abstractEN | Historically, Purchasing Power Parity (henceforth PPP) provides the simplest explanation of long-run exchange rate determination, according to which the equilibrium exchange rate between domestic and foreign currencies equals the ratio between domestic and foreign prices. A few years ago, PPP validity theory seemed like a fairly dull research topic. On the one hand the unavoidable effects of floating exchange rates made it obvious to even its most stubborn defenders that PPP is not a short-run relationship; depreciation or appreciation of a product does not cancel out exchange rate movements on a monthly or even annual basis. On the other hand, there were neither sufficient time spans of floating rate data nor adequate econometric techniques for testing PPP theory as a long-run relationship. Fortunately, things are quite different nowadays and, by means of modern econometric techniques, important results have emerged. | en |
| dc.contributor.master | Χρηματοοικονομική και Τραπεζική με κατεύθυνση στην Χρηματοοικονομική και Τραπεζική Διοικητική | el |
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Τμήμα Χρηματοοικονομικής και Τραπεζικής Διοικητικής
Department of Banking & Financial Management
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Attribution-NonCommercial-NoDerivatives 4.0 Διεθνές
Attribution-NonCommercial-NoDerivatives 4.0 Διεθνές