monetary approach to exchange rates
law of one price (LOOP)
purchasing power parity (PPP)
absolute PPP
real exchange rate
real depreciation
real appreciation
undervalued
overvalued
inflation
relative PPP
money
central bank
money supply
money demand
quantity theory of money
fundamental equation of the monetary model of the price level
fundamental equation of the monetary approach to exchange rates
hyperinflation
real money demand function
Fisher effect
real interest rate
real interest parity
world real interest rate
nominal anchors
monetary regime
exchange rate target
money supply target
inflation target plus interest rate policy
central bank independence
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