tradable goods such as food may be misplaced because of the emerging literature on the rapid convergence of traded goods prices … within the PRC that contrasts with earlier claims of fragmented internal markets. In a setting where traded goods prices … spatially-disaggregated indices of house prices which are then used as spatial deflators for both provinces and core urban …

relative prices in microeconomic data. Error correction model estimates indicate that a different mix of shocks drives …, we find that micro relative prices exhibit every bit as much persistence as aggregate real exchange rates. These results … challenge theories of real exchange rate persistence based on sticky prices and heterogeneity across goods. © 2013 The President …

his Money and Credit Instruments in Their Relation to General Prices (1903, PhD thesis; and 1907, first edition of the … determinants. The paper addresses Kemmerer's key question of how money and credit are related to general prices. Two directions are …

This article studies optimal investment in flexible manufacturing capacity as a function of product prices (margins …