, can seriously disrupt output growth. An analysis of the effects of a decline in export prices in seventy-five developing …

crucially on the choice of price series used to measure relative prices and on the choice of trade partner. The relation is … stronger when we measure relative prices using producer prices rather than consumer prices. The relation is stronger the more …

.S. cities and Canadian cities for 14 categories of consumer prices to examine the nature of the deviations from the law of one … price. The distance between cities explains a significant amount of the variation in the prices of similar goods in … prices as adding 2500 miles between cities. …

prices. We show that an exchange rate depreciation does not necessarily have a beggar-thy-neighbor effect and may in fact …

The inertia of traded goods' local currency prices in the face of exchange rate changes is a well-documented phenomenon … the incomplete transmission of exchange rate changes to prices. The approach is applied to micro data from the beer market …. We find that (a) wholesale prices appear more rigid than retail prices; (b) price adjustment costs on average account for …

with sticky goods prices. If prices are held fixed for at least one year, risk aversion is high, and preferences are …

We reexamine the evidence for border effects in deviations from the law of one price, using data for consumer prices … rather than price index data. We find evidence of border effects both in the levels of prices and the percentage change in … prices. Even accounting for distance between cities and relative population sizes, we find that the absolute difference …