LC control no. | sh 85109168 |
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Topical heading | Purchasing power parity |
Variant(s) | Law of one price One price, Law of Parity, Purchasing power |
See also | Foreign exchange |
Scope note | Here are entered works discussing the theory which states that exchange rates between currencies are in equilibrium when their purchasing power is the same in each of two countries. |
Found in | Rogoff, K. The law of one price over 700 years, c2001. Shim, J.K. Dictionary of economics, 1995: p. 205 (Law of one price, see: Purchasing power parity) |