"The empirical literature in international finance has produced three key results about international price deviations …: borders give rise to flagrant violations of the law of one price, distance matters enormously for understanding these … micro studies on nominal price stickiness. The data underlying these results are mostly comprised of price indexes and price …

unique nature of our dataset, the first objective of the paper is to document the degree of price rigidity and price … across retailers in terms of price rigidity and pricing strategy; price dispersion is high both within and across borders …. Also, price levels do not appear to respond to exchange rate fluctuations. Building on the predictions from a simple two …