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| Tekijä: | Imbs, J.M. (et al.) |
| Otsikko: | One TV, one price? |
| Lehti: | Scandinavian Journal of Economics
2010 : VOL. 112:4 p. 753-781 |
| Asiasana: | Europe euro consumers quality economics research |
| Vapaa asiasana: | televisions |
| Kieli: | eng |
| Tiivistelmä: | Television prices across European countries and regions are studied in this paper. Quality as measured by observable characteristics of televisions accounts for a large share of the international dispersion in prices. Rich economies tend to consume higher-quality goods, but sizeable international price differentials exist even for identical televisions. The valuation of brands differs remarkably across borders. EMU countries display lower price dispersion but not necessarily due to the single currency. Absolute price differentials and relative price volatility rise with exchange rate volatility, but not with transport costs. Exchange rate pass-through is low in the short run but high in the long run. |
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