A paridade do poder de compra: existe um quebra-cabeça?

Autores

  • Fernando de Holanda Barbosa Fundação Getúlio Vargas. Escola de Pós-Graduação de Economia

DOI:

https://doi.org/10.1590/S0101-41612009000300001

Palavras-chave:

paridade do poder de compra, taxa de câmbio real, taxa de câmbio real de equilíbrio de longo prazo

Resumo

Este trabalho mostra que o quebra-cabeça da paridade do poder de compra é um artefato estatístico produzido pelo fato de que a taxa de câmbio real de equilíbrio de longo prazo não é constante, mas varia ao longo do tempo. Este fato implica que o coeficiente de inércia é viciado para cima.

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Publicado

2009-09-30

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Não definida