Jim Whitney

Economics 131

   Evidence regarding purchasing power parity        Inflation-rate differentials versus exchange-rate changes, 1990-1992    

	Arg	Bol	Brz	Chi	Col	Ec	Mex	Per	Uru	Ven
Nominal dollar appreciation (%):
Predicted:										63
Actual:	103	23	6,502	19	51	101	10	563	174	46
Real dollar  appreciation (+) or  depreciation (-)										-17