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Price Setting in Online Markets : Basic Facts, International Comparisons, and Cross-border Integration
Gorodnichenko, Yuriy - 2014
We document basic facts about prices in online markets in the U.S. and Canada, a rapidly growing segment of the retail sector. Relative to prices in regular stores, prices in online markets are more flexible as well as exhibit stronger pass-through (60-75 percent) and faster convergence...
Persistent link: https://www.econbiz.de/10012458260
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Why did the Bank of Canada Emerge in 1935?
Bordo, Michael D. - 1986
Three possible explanations for the emergence of the Canadian central bank in 1935 are examined: that it reflected the … correspondence of chartered bankers, newspaper reports, academic writings and the estimation of time series econometric models …
Persistent link: https://www.econbiz.de/10012476991
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A Comparison of the United States and Canadian Banking Systems in the Twentieth Century : Stability vs. Efficiency?
Bordo, Michael D. - 1993
of creating an oligopoly. We assembled a data set that compares bank failures, lending rates, interest paid on deposits …
Persistent link: https://www.econbiz.de/10012474396