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Consumer price indexes, purchasing power parity exchange rates, and updating : seventh technical advisory group meeting (September 17-18, 2012) (Английский)

Purchasing power parities (PPPs) are calculated at each round of the international comparison program (ICP), using multilateral, symmetric, and transitive price indexes. From one round to the next, the PPPs change in a way that, at least in the last two rounds, has been consistently different from what will be predicted from the changes in domestic consumer price indexes. Between rounds of the ICP, the World Bank and the Penn World Table use local...
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