00447nam a2200085Ia 4500100002000000245003900020260000900059520027500068583001800343  aTaylor, Alan M.  aThe purchasing power parity debate  c2004  aOpines that short-run purchasing power parity (PPP) does not hold and that long-run PPP may hold in the sense that there is significant mean reversion of the real exchangge rate, although there may be factors impinging on the equilibrium real exchange rate through time.  c8/24/06kJOYD