Oct 1, 2010 · The study provides the following interesting results: a simple CPI-based PPP-model is able to outperform the pure random walk in forecasting the Yen/U.S. Dollar exchange rate …

BMI is based on the idea of PPP, and 14.5 yuan can buy as much burger as $3.71, a yuan should be worth $0.26 on the foreign exchange market. In fact, it costs just $0.15, suggesting that it is …

This study uses a relative purchasing power parity (PPP) model based on price indexes (consumer, CPI or traded-goods price indexes, TPI), interest rate differentials, and a linear …

Jun 1, 1989 · One of the most popular models of PPP and exchange rate determination is the Dornbusch overshooting model of 1976. This paper explores the mechanism of mean …

Sep 1, 1990 · In the current paper, a new and simple currency valuation model called the ratio model is proposed based on the Penn effect (a systematic deviation of the purchasing power …

Purchasing Power Parity (PPP): Yen to US dollar Source: OECD. Diagram: Prof. W. Antweiler, University of British Columbia. JPY is undervalued if exchange rate is below PPP.

Forecasting the Yen/U.S. Dollar exchange rate: Empirical evidence from a capital enhanced relative PPP-based model Article (Web of Science) Overview Additional Document Info

Oct 1, 2010 · The equilibrium level and forecasting performance of nominal effective exchange rate indexes using an export and import price-based relative PPP model. Axel Grossmann C. …

This study uses a relative purchasing power parity (PPP) model based on price indexes (consumer, CPI or traded-goods price indexes, TPI), interest rate differentials, and a linear …

Oct 1, 2010 · The best result, however, is obtained using a TPI-based PPP-model and adjusting the forecast by interest rate differentials. This model is able to outperform the pure random …