Europe of One Price?

Jakub Kowalski
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Jakub Kowalski: University of Lodz, Poland

Chapter 18 in FindEcon Monograph Series: Advances in Financial Market Analysis, 2006, vol. 1, pp 273-288 from University of Lodz

Abstract: Chapter 18 aims to assess the idea of price convergence in Europe. The analysis is based on price level conditional convergence. The methodology originates from the neoclassical Solow model of economic growth while the study is focused on the question whether prices can equalize among the European countries. The study gives insights into the speed with which the equilibrium prices will be achieved.

Keywords: Convergence; Prices; Growth model; Price convergence (search for similar items in EconPapers)
JEL-codes: C01 E02 F00 G00 (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:ann:findec:book:y:2006:n:01:ch:18:mon

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