Much of the recent literature on price transmission focuses on whether price changesoccurring at one stage of the food sector are fully transmitted in changes to retail prices. Therole of market structure in determining the degree of price transmission is often emphasised,the presumption being...

Cointegration analysis is used to investigate the short and long run dynamics of therelationship between the export prices of the EU wheat and of other major exporters inthe world wheat market. The aim of this study is to determine whether long runrelationships existed between EU prices and its...

This Paper studies the formation of opening prices for German and French stocks, simultaneously traded in Frankfurt and Paris. We analyse theoretically the case where investors and traders based in the same country as the firm have better information on its value than foreign traders. Our model...