This paper focuses on the pricing behavior of Japanese and United States firms selling their identical products in New York City, Chicago, Osaka, and Tokyo. The authors utilize some simple models of international price dispersion and market segmentation that generate predictions about testable...

This article summarizes recent literature about advanced indicators of crisis in emerging countries, as well as problems concerning their elaboration and potential utility for the Authorities and main players in financial markets. The first part describes the main characteristics of recent...