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Persistent link: https://www.econbiz.de/10008902729
The paper presents univariate and panel unit root tests for gasoline and oil price convergence over the last decade. We … test for the absolute versus relative version of the law of one price (LOOP) and estimate the speed of convergence as well … as its development over time. Our results show that the absolute version of the LOOP cannot be supported. Constant price …
Persistent link: https://www.econbiz.de/10003289325
Persistent link: https://www.econbiz.de/10003405600
The paper presents univariate and panel unit root tests for gasoline and oil price convergence over the last decade. We … over time. Our results show that the absolute version of the LOOP cannot be supported. Constant price differences between …
Persistent link: https://www.econbiz.de/10002989942
Persistent link: https://www.econbiz.de/10003636246
The paper presents univariate and panel unit root tests for gasoline and oil price convergence over the last decade. We … over time. Our results show that the absolute version of the LOOP cannot be supported. Constant price differences between …
Persistent link: https://www.econbiz.de/10014068595
Persistent link: https://www.econbiz.de/10008823663
Central bank governor changes in emerging markets may convey important signals about future monetary policy. Based on a new daily data set, this paper examines the reactions of foreign exchange markets, domestic stock market indices and sovereign bond spreads to central bank governor changes....
Persistent link: https://www.econbiz.de/10003764065
Persistent link: https://www.econbiz.de/10011434668
Persistent link: https://www.econbiz.de/10011544310