A short history of price level convergence in europe

Journal of Money, Credit and Banking

Volumn 41, Issue 2-3, 2009, Pages 461-477

  Faber, Riemer P ^a   Stokman, Ad C J ^b  

^a ERASMUS UNIVERSITY ROTTERDAM   (Netherlands)

^b DE NEDERLANDSCHE BANK   (Netherlands)

Author keywords

Economic integration; EMU; Price level convergence

Indexed keywords

EID: 63349095219     PISSN: 00222879     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.1538-4616.2009.00215.x     Document Type: Short Survey

References (18)

1. Allington, Nigel F.B., Paul A. Kattuman, and Florian A. Waldmann 2005 One Market, One Money, One Price International Journal of Central Banking, 1, 73 115.
2. Asdrubali, Pierfederico, Bent E. Sørensen, and Oved Yosha 1996 Channels of Interstate Risk Sharing: United States 1963-1990 Quarterly Journal of Economics, 111, 1081 1110.
3. Cecchetti, Stephen G., Nelson C. Mark, and Robert J. Sonora 2002 Price Index Convergence among United States Cities International Economic Review, 43, 1081 99.
4. Chen, Lein-Lein, and John Devereux 2003 What Can US City Price Data Tell Us about Purchasing Power Parity Journal of International Money and Finance, 22, 213 22.
5. Crucini, Mario J., Chris I. Telmer, and Marios Zachariadis 2005 Understanding European Real Exchange Rates American Economic Review, 95, 724 38.
6. Engel, Charles, and John H. Rogers 1996 How Wide Is the Border American Economic Review, 86, 1112 25.
7. Engel, Charles, and John H. Rogers 2001 Deviations from Purchasing Power Parity: Causes and Welfare Costs Journal of International Economics, 55, 29 57.
8. Engel, Charles, and John H. Rogers 2004 European Product Market Integration after the Euro Economic Policy, 19, 347 84.
9. Goldberg, Pinelopi K., and Frank Verboven 2001 The Evolution of Price Dispersion in the European Car Market Review of Economic Studies, 68, 811 48.
10. Goldberg, Pinelopi K., and Frank Verboven 2004 Cross-Country Price Dispersion in the Euro Era: A Case Study of the European Car Market Economic Policy, 19, 483 521.
11. Goldberg, Pinelopi K., and Frank Verboven 2005 Market Integration and Convergence to the Law of One Price: Evidence from the European Car Market Journal of International Economics, 65, 49 73.
12. Koo, Jahyeong, Keith R. Phillips, and Fiona D. Sigalla 2000 Measuring Regional Cost of Living Journal of Business and Economic Statistics, 18, 127 36.
13. Lutz, Matthias 2004 Pricing in Segmented Markets, Arbitrage Barriers, and the Law of One Price: Evidence from the European Car Market Review of International Economics, 12, 456 75.
14. Maier, Philipp 2004 EMU Enlargement, Inflation and Adjustment of Tradable Goods Prices: What to Expect DNB Working Paper No. 10.
15. Parsley, David C., and Shang-Jin Wei 2007 A Prism into the PPP Puzzles: The Micro-Foundations of Big Mac Real Exchange Rates Economic Journal, 117, 1336 56.
16. Reinhart, Carmen M., and Kenneth S. Rogoff 2004 The Modern History of Exchange Rate Arrangements: A Reinterpretation Quarterly Journal of Economics, 119, 1 48.
17. Rogers, John H. (2007 Monetary Union, Price Level Convergence, and Inflation: How Close Is Europe to the USA Journal of Monetary Economics, 54, 785 96.
18. Rogoff, Kenneth S. (1996 The Purchasing Power Parity Puzzle Journal of Economic Literature, 34, 647 68.