Point:
Michelle A. Vachris and James Thomas, “International price comparisons based on purchasing power parity”, Monthly Labor Review, October, 1999
Eric O™N. Fisher, “Purchasing Power Parity and Interest Parity in the Laboratory”, Department Of Economics, the Ohio State University, April 10, 2001
Taylor, Alan M. “A Century Of Purchasing-Power Parity,” Review of Economics and Statistics, 2002, v84(1,Feb), 139-150.
Counter- Point:
Lawrence J. Lau, “The Use of Purchasing-Power-Parity Exchange Rates in Economic Modeling: An Expository Note”, Department of Economics, Stanford University,
Rogers,John H.; Jenkins, Michael , “Haircuts or Hysteresis? Sources of Movements in Real Exchange Rates”, Journal of International Economics, 1995
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