Regional Patterns in the Law of One Price: The Roles of Geography versus Currencies
Published Date
Copyright 1998
ISBN 0226259951
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Copy CitationCharles Engel and John Rogers, The Regionalization of the World Economy (University of Chicago Press, 1998), chap. 6, https://www.nber.org/books-and-chapters/regionalization-world-economy/regional-patterns-law-one-price-roles-geography-versus-currencies.
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Published From Paper
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Working Paper
We find evidence that the law of one price (LOOP) holds more nearly for country pairs that are within geographic...
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