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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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Related works:
Working Paper: Regional patterns in the law of one price: the roles of geography vs. currencies (1996) Downloads
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) Downloads
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