Law of one price
Pricing in segmented markets, arbitrage and the law of one price: evidence from the European car market
... Such price differentials raise serious doubts about the validity of the law of one price (LOP), and should certainly not be observed in an integrated ...the law of one ...
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Local Costs of Distribution, International Trade Costs and Micro Evidence on the Law of One Price
... The law of one price (LOOP) states that once the price of a traded good is expressed in a common currency, the good should sell for the same price in different ...away price ...
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Commodity Arbitrage and the Law of One Price: Setting the Record Straight
... A general consensus rejects effective commodity arbitrage and the law of one price. But this consensus is mistaken because it is based on research using retail prices where price differentials ...
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Non linear adjustment in law of one price deviations and physical characteristics of goods
... of law-of-one-price ...their price) see their price differences diverge further before becom- ing mean reverting (transport costs are higher for those goods because they are more ...
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Testing the law of one price in gram, mash and masoor markets of Pakistan
... wholesale price data from January, 1991 to September ...as law of one price (LOP) ...market price linkages and the interrelationship among the spatial markets are important in economics ...
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The law of one price revisited: How do goods market frictions generate large and volatile price deviations?
... One of the most enduring puzzles in international macroeconomics, observed since the begin- ning of the post-Bretton Woods era, is that deviations from the Law of One Price (LOP) and its ...
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The law of one price and arbitrage on China's dual-listings
... the price disparity becomes greater, the large price difference gap would be arbitraged away ...the law of one price appears to be violated in the trades of these otherwise very liquid ...
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Burgernomics: An Instructional Case on the Law of One Price
... “Well, you know, it is quite easy. A famous economic theory claims that when you look at the same basket of goods in two different countries, say, in Switzerland and the US, the values of both baskets should ...
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Local Costs of Distribution, International Trade Costs and Micro Evidence on the Law of One Price
... The law of one price (LOOP) states that once the price of a traded good is expressed in a common currency, the good should sell for the same price in different ...away price ...
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The law of one price and the role of market structure
... proportional law of one price across cities in the US and conclude that both transportation costs and sticky nominal prices explain the deviation of prices from the ...that price stickiness ...
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Can the Law of One Price be tested?
... to price dynamics is incorporated into the purchasing power parity (PPP) and the law of one price ...the price levels (in the PPP case) or individual product prices (in the LOP case) ...
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Price Controls in Jewish Law
... Epstein sees nothing objectionable about arbitrary wage controls. Levine, recognizing the existence of this power, wishes for it to be used only to nullify unconscionable contracts, not to arbitrarily regulate wages as ...
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Price-Fixing: Refining the Price Waterhouse Standard and Individual Disparate Treatment Law
... in Price Waterhouse), inferior courts should give effect to the narrowest ground upon which a majority of the Justices supporting the judgment would ...was one of six votes supporting the Court’s judgment ...
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Non linear dynamics in deviations from the law of one price: a broad based empirical study
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Threshold adjustment of deviations from the law of one price
... goods. One could think that the aggregate real exchange rate is made up of goods prices with di¤erent implied ...Hence, one could expect that adjustment of the aggregate real exchange rate would be smooth ...
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Testing the law of one price in gram markets of Pakistan
... Regional market integration in many agricultural commodities has been extensively studied for the insight, it provides in to the functioning of such markets; such studies provide valuable information about the dynamics ...
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North American Oriented Strand Board Markets, Arbitrage Activity, and Market Price Dynamics: A Smooth Transition Approach
... the Law of One Price (LOP) as it pertains to markets for tradeable ...On one hand, economists take it as being nearly axiomatic that freely functioning markets for traded, homogeneous products ...
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Double Perspective Data Envelopment Analysis: One Approach to Estimate the “LOOP” Arbitrage
... of One Price) ...analyze price variation over digital map, and applied to the urban area of the city of ...generated Price line Map is easily visualized in a real estate value chart that can ...
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Understanding Real Exchange Rate Movements with Trade in Intermediate Products
... the law of one price in ...the price of imports relative to other goods account for the ...by law of one price deviations is shown for all of the horizons that the data ...
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Appendix for the PPP hypothesis and structural breaks: the case of Mexico
... the law of one price holds for each traded good N+1… T prior to devaluation and only Mexican prices adjust, the percentage increase of the third term is the same as the percentage devaluation after ...
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