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Violating the Law of One Price: Should We Make a Federal Case Out of It?

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NBER1999-07-01 更新2025-01-04 收录
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We use new disaggregated data on consumer prices to determine why there is variability in prices of similar goods across U.S. cities. We address questions similar to those that have arisen in the international context: is this variability purely a result of market segmentation or do sticky nominal

创建时间:
1999-07-01
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