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...

Полное описание

Библиографические подробности
Главный автор: Goes, Carlos
Другие авторы: Matheson, Troy
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2015.
Серии:IMF Working Papers; Working Paper ; No. 2015/213
Предметы:
Online-ссылка:Full text available on IMF