Domestic market integration and the law of one price in Brazil /
Saved in:
| Author / Creator: | Goes, Carlos, author. |
|---|---|
| Imprint: | [Washington, D.C.] : International Monetary Fund, ©2015. |
| Description: | 1 online resource (11 pages) : illustrations. |
| Language: | English |
| Series: | IMF working paper ; WP/15/213 IMF working paper ; WP/15/213. |
| Subject: | |
| Format: | E-Resource Book |
| URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12504736 |
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| 050 | 4 | |a HG3881.5.I58 |b W67 No. 15/213eb | |
| 100 | 1 | |a Goes, Carlos, |e author. |0 http://id.loc.gov/authorities/names/no2014085989 | |
| 245 | 1 | 0 | |a Domestic market integration and the law of one price in Brazil / |c prepared by Carlos Góes and Troy Matheson. |
| 260 | |a [Washington, D.C.] : |b International Monetary Fund, |c ©2015. | ||
| 300 | |a 1 online resource (11 pages) : |b illustrations. | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a IMF working paper ; |v WP/15/213 | |
| 500 | |a "September 2015." | ||
| 500 | |a "Western Hemisphere Department." | ||
| 504 | |a Includes bibliographical references (page 10). | ||
| 520 | |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.--Abstract. | ||
| 588 | 0 | |a Online resource; title from pdf title page (IMF.org Web site, viewed October 5, 2015). | |
| 650 | 0 | |a Purchasing power parity |z Brazil |x Econometric models. | |
| 650 | 0 | |a Markets |z Brazil |x Econometric models. | |
| 650 | 6 | |a Parités de pouvoir d'achat |z Brésil |x Modèles économétriques. | |
| 650 | 7 | |a Markets |x Econometric models. |2 fast |0 (OCoLC)fst01010319 | |
| 650 | 7 | |a Purchasing power parity |x Econometric models. |2 fast |0 (OCoLC)fst01084300 | |
| 651 | 7 | |a Brazil. |2 fast |0 (OCoLC)fst01206830 | |
| 655 | 4 | |a Electronic books. | |
| 700 | 1 | |a Matheson, Troy, |e author. |0 http://id.loc.gov/authorities/names/no2007126879 | |
| 710 | 2 | |a International Monetary Fund. |b Western Hemisphere Department. |0 http://id.loc.gov/authorities/names/n82237138 | |
| 830 | 0 | |a IMF working paper ; |v WP/15/213. |0 http://id.loc.gov/authorities/names/no89010263 | |
| 856 | 4 | 0 | |u http://elibrary.imf.org/view/journals/001/2015/213/001.2015.issue-213-en.xml |y INTERNATIONAL MONETARY FUND |
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