Advjiev, Stefan, Wenxin Du, Catherine Koch, and Hyun Song Shin. "The Dollar, Bank Leverage and Deviations from Covered Interest Parity." American Economic Review: Insights 1, no. 2 (September 2019): ...
Because the purchasing power of the dollar decreased over ... assuming purchasing power parity. A purchasing power index is a tool that assigns a value to each country based on the purchasing ...
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