MacDonald, Ronald, “Long-Run Exchange Rate Modeling: A Survey of the Recent Evidence,” Staff Papers, International Monetary Fund, Vol. 42 (September 1995), pp. 437–89.
Officer, Lawrence H., “The Purchasing-Power-Parity Theory of Exchange Rates: A Review Article,” Staff Papers, International Monetary Fund, Vol. 23 (March 1976), pp. 1–60.
Ronald MacDonald is Professor of International Finance at the University of Strathclyde.