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020129s2015 dcu o i00 0 eng d |
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|z 9781513509969
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|a 1018-5941
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|a 10.5089/9781513509969.001
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|a Goes, Carlos.
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| 245 |
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|a Domestic Market Integration and the Law of One Price in Brazil /
|c Carlos Goes, Troy Matheson.
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| 264 |
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1 |
|a Washington, D.C. :
|b International Monetary Fund,
|c 2015.
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| 300 |
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|a 1 online resource (11 pages)
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| 336 |
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|b txt
|2 rdacontent.
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|a IMF Working Papers.
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|a 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 holds for most tradable products and, not surprisingly, non-tradable products are found to be less likely to satisfy the law of one price. While these findings are consistent with evidence found for other countries, price convergence occurs very slowly in Brazil, suggesting relatively limited domestic market integration.
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|a Description based on print version record.
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| 650 |
|
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|a Domestic Market Integration
|2 imf.
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| 650 |
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|a Law Of One Price
|2 imf.
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| 650 |
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|a Null Hypothesis
|2 imf.
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| 650 |
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|a Panel Cointegration
|2 imf.
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| 650 |
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|a WP
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|a Brazil
|2 imf.
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|a Matheson, Troy.
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|i Print Version:
|a Goes, Carlos
|t Domestic Market Integration and the Law of One Price in Brazil
|d Washington, D.C. : International Monetary Fund, 2021.
|z 9781513509969.
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| 830 |
|
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|a IMF working paper ;
|v WP/2015/213.
|
| 856 |
4 |
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|u http://elibrary.imf.org/view/journals/001/2015/213/001.2015.issue-213-en.xml
|z Full Text (via IMF e-Library)
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|a .b109400264
|b 05-02-23
|c 04-07-20
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