Absolute PPP, Relative PPP, and Real Exchange Rates

Описание к видео Absolute PPP, Relative PPP, and Real Exchange Rates

What are absolute purchasing power parity and relative purchasing power parity? What is the difference between absolute PPP and relative PPP? How well do they predict exchange rates?

This video discusses these topics and also covers real exchange rates,which attempt to deflate market rates for inflation.

#PPP #AbsolutePPP #RelativePPP

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