Länder beeinflusst die Preiskonvergenz auf zweierlei Weise. Zum einen erhöht sich in der EU insgesamt der Druck auf die …

By disaggregating price indices, it becomes apparent that the real exchange rate consists of the real exchange rate for …

price competitiveness of member countries' firms and – given the common monetary policy within EMU – as being detrimental to … international price competitiveness for EMU countries, the paper analyses whether these indicators have displayed distinctive trends …

We present a structural model of firm growth, learning, and survival and consider its identification and estimation. In …

This paper analyzes the role of institutions in price dispersion among cities in the European region in the 1996 … hypothesis that arbitrage, as an entrepreneurial activity and the main power behind the law of one price, is influenced by …

In this paper we investigate the effects of EU enlargement on price convergence. The internal market is expected to … drivers are crucial to explain price developments. On the one hand, higher competition exerts a downward pressure on prices … because of lower mark ups. On the other hand, the catching up process of low income countries leads to a rise in the price …

measuring the extent of cross-border price differentials. Specifically, this study shows that compared with the European Union … (EU), East Asian markets are neither sufficiently integrated nor are they showing any price convergence over time …, this study also shows that such wide price differentials could be explained largely by greater exchange rate volatilities …

We analyze producer price developments in the transition from a national exchange rate regime to a monetary union. The … focus is on the European Economic and Monetary Union (EMU). Stylized facts witness about an exploding gaps in producer-price … inflation during the years immediately following the completion of the EMU. Price convergence is found to be an important driver …