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Desvíos de la hipótesis paridad de poder de compra y tipo de cambio real de equilibrio: Chile 1986-2011

2013
The fact that the Purchasing Power Parity hypothesis (PPP) is not confirmed in the short and medium term is a widely discussed macroeconomic puzzle. The evidence for the Chilean economy suggests that only in the very long term it is possible to find evidence in favor of the PPP hypothesis.
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