Price convergence: Representation and testing
Sign Up to like & getrecommendations! Published in 2021 at "Economic Modelling"
DOI: 10.1016/j.econmod.2021.105641
Abstract: Abstract This paper provides a new, unified, and flexible framework to measure and characterize a convergence process in time series. We formally define a general notion of price convergence, which encompasses convergence as steady-state and… read more here.
Keywords: methodology; price convergence; convergence representation; price ... See more keywords
Price convergence and goods market integration in GCC countries
Sign Up to like & getrecommendations! Published in 2020 at "Macroeconomics and Finance in Emerging Market Economies"
DOI: 10.1080/17520843.2020.1784975
Abstract: ABSTRACT Price convergence and goods market integration are examined between GCC countries and the U.S. by testing the long-run relationship between domestic and exchange rate adjusted foreign prices, as embedded in conventional and ex-ante PPP.… read more here.
Keywords: gcc countries; price convergence; market integration; market ... See more keywords