The Success of Purchasing-Power Parity: Historical Evidence and Its Implications for MacroeconomicsDonald N. McCloskey, J. Richard Zecher
Chapter in NBER book A Retrospective on the Classical Gold Standard, 1821-1931 (1984), Michael D. Bordo and Anna J. Schwartz, editors (p. 121 - 172) This paper is available as PDF (614 K) or via email.
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