@phdthesis{cd5ee13e4aec46a4aeaab07ce5973cf1,
title = "Exchange rates, prices and consumption",
abstract = "The exchange rate is often considered the most important price in the economy. Exchange-rate changes significantly affect the profitability of exporters, the prices paid by consumers, as well as complicating international economic comparisons. I find that despite the prolonged gyrations of currency values and the multitude of trade barriers, the forces of arbitrage and resource re-allocation are sufficient to overcome many of these distortions in agricultural markets over the longer term. I also show how diverse consumption behaviour across countries can be unified and characterised by a simple economic model with incomes and prices as the main determinants. ",
keywords = "Exchange rates, Threshold regression, Commodity prices, Panel unit-root tests, Consumption, Principal component analysis, Purchasing power parity, Econometric simulation",
author = "Vo, {Long Hai}",
year = "2020",
doi = "10.26182/5e7abd151b35f",
language = "English",
school = "The University of Western Australia",
}