Browsing Working Papers by Subject "F31"

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    • Persistence in Law-of-One-Price Deviations: Evidence from Micro-data 
      Crucini, Mario J.; Shintani, Mototsugu (Vanderbilt University, 2006)
      We study the dynamics of good-by-good real exchange rates using a micro-panel of 270 goods prices drawn from major cities in 63 countries and 258 goods prices drawn from 13 major U.S. cities. We find the half-life of ...