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| Author: | Engel, C. Rogers, J. H. |
| Title: | Violating the law of one price: should we make a federal case out of it? |
| Journal: | Journal of Money, Credit and Banking
2001 : FEB, VOL. 33:1, p. 1-15 |
| Index terms: | CONSUMER EXPENDITURE PRICE LEVEL PRICES USA |
| Language: | eng |
| Abstract: | The authors use new disaggregated data on consumer prices to determine why there is variability in prices of similar goods across U.S. cities. They address questions similar to those that have arisen in the international context: is this variability purely a result of market segmentation or do sticky nominal prices play a role? |
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