Koren Miklós
The law of two prices: trade costs and relative price variability
"The large discrepancy of prices at different locations has been a puzzle for international economists. Integrated markets should obey the »law of one price«, the same good should sell for the same price irrespective of location. In reality, they do not, which generated an enormous empirical literature..."
2005-01-04
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PDF URL: https://mek.oszk.hu/02300/02311 URN: http://nbn.urn.hu/N2L?urn:nbn:hu-4289Látogatások: 8 783