Basher, Syed; Carrion-i-Silvestre, Josep Lluís - In: Journal of Time Series Econometrics 1 (2009) 1, pp. 3-3
This article provides a methodological and empirical approach for assessing price level convergence and its relation to purchasing power parity (PPP) using annual price data for seventeen U.S. cities during the period 1918 to 2005. We suggest a new panel data procedure that can handle a wide...
