Regional Patterns in the Law of One Price: The Roles of Geography vs. Currencies

Charles Engel and John Rogers

Discussion Papers in Economics at the University of Washington from Department of Economics at the University of Washington

Abstract: We find evidence that the law of one price (LOOP) holds more nearly for country pairs that are within geographic regions that for country pairs that are not.

Keywords: PRICING; ECONOMIC MODELS; EXCHANGE RATE (search for similar items in EconPapers)
JEL-codes: D40 (search for similar items in EconPapers)
Pages: 36 pages
Date: 1996
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Citations: View citations in EconPapers (2)

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Related works:
Working Paper: Regional patterns in the law of one price: the roles of geography vs. currencies (1996)
Working Paper: Regional Patterns in the Law of One Price: The Roles of Geography vs. Currencies (1996)
Working Paper: Regional Patterns in the Law of One Price: The Roles of Geography vs. Currencies (1995)
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Persistent link: https://EconPapers.repec.org/RePEc:fth:washer:96-01

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