"The Bigger They Are, The Harder They Fall": How Price Differences Across U.S. Cities Are Arbitraged
收藏NBER1997-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w6089
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资源简介：
Recent empirical work has made headway in exploring the non-linear dynamics of deviations from the law of one price and" purchasing power parity that are apt to arise from transaction costs. However, there are two important facets of this work that need improvement. First, the choice of empirical
提供机构：
美国国家经济研究局
创建时间：
1997-07-01
