Browsing Working Papers by Subject "Law of One Price"
Now showing items 1-2 of 2
-
(Vanderbilt University, 2011)We introduce the real exchange rate volatility curve as a useful device to understand the relationship between price stickiness and the fluctuations in Law of One Price deviations. In the presence of both nominal and real ...
-
(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 ...