Domestic Market Integration and the Law of One Price in Brazil /

This paper presents the first assessment domestic market integration in Brazil using the law of one price. The law of one price is tested using two panel unit root methodologies and a unique data set comprising price indices for 51 products across 11 metro-areas. We find that the law of one price ho...

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Bibliographic Details
Main Author: Goes, Carlos
Other Authors: Matheson, Troy
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2015.
Series:IMF Working Papers; Working Paper ; No. 2015/213
Subjects:
Online Access:Full text available on IMF