Price-level convergence: New evidence from U.S. cities

This paper tests the bilateral price-level convergence among 52 U.S. cities at the good level by using a new econometric approach. The estimated median half lives are far below the half lives found in the corresponding studies for the U.S. ► Price-level convergence is tested among the U.S. cities at...

Ausführliche Beschreibung

Bibliographische Detailangaben

Veröffentlicht in:	Economics letters 2011-02, Vol.110 (2), p.76-78
Hauptverfasser:	Yazgan, M. Ege, Yilmazkuday, Hakan
Format:	Artikel
Sprache:	eng
Schlagworte:	Convergence Convergence Micro-level prices PPP puzzle Econometrics Estimation Micro-level prices PPP puzzle Price level U.S.A Urban areas
Online-Zugang:	Volltext
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!