00494nam a2200109Ia 4500 Taylor, Alan M. The purchasing power parity debate 2004 Opines 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. 8/24/06 JOYD A 29757 29757 0 0 0 0 CRCM CRCM 2023-05-08 0 0000000023771 2023-05-08 00:00:00 2023-05-08 A