It takes the average reader and 11 minutes to read Domestic Market Integration and the Law of One Price in Brazil by Carlos Góes
Assuming a reading speed of 250 words per minute. Learn more
This paper presents the first assessment domestic market integration in Brazil using the law of one price. The law of one price is tested using two panel unit root methodologies and a unique data set comprising price indices for 51 products across 11 metro-areas. We find that the law of one price holds for most tradable products and, not surprisingly, non-tradable products are found to be less likely to satisfy the law of one price. While these findings are consistent with evidence found for other countries, price convergence occurs very slowly in Brazil, suggesting relatively limited...
Domestic Market Integration and the Law of One Price in Brazil by Carlos Góes is 11 pages long, and a total of 2,761 words.
This makes it 4% the length of the average book. It also has 3% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 15 minutes to read Domestic Market Integration and the Law of One Price in Brazil aloud.
Domestic Market Integration and the Law of One Price in Brazil is suitable for students ages 6 and up.
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