Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 8 of 8 for “"The law of one price"”.
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The Law of One Price and Virtual Worlds
Price convergence and purchasing power parity are two important foundations to international trade theory. Yet there is still no consensus on their existence, despite numerous studies. While the debate over price convergence and purchasing power parity continues, the last several years have seen a …
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Technology, trade, and prices
This thesis considers the structure of international production and trade. Chapter 2 uses direct information on factor input requirements to consider which elements best explain the patterns of actual technologies. If there is factor price equalization, all countries will share the same …
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Examining the recent rising preferred perpetuals and its market anomaly in high yield space
Since late 2017 when the worldwide business optimism was at its highest, highly leveraged energy companies began to issue unique preferred shares that have character of perpetual subordinated bond and that trade in bond market. Among those firms, DCP Midstream issued another preferred shares that …
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The Exchange Rate and U.S./Canadian Relative Agricultural Prices
The law of one price (LOP) plays an important role as a building block in theories of international trade and exchange rate determination. It also serves as a measure of integration for international commodity markets. The LOP states that in competitive markets after adjustment for transportation …
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Essays on Econometric Models of Relative Prices
The first chapter addresses the degree to which models which exhibit nonlinear mean reversion, such as the smooth transition autoregressive model, present a resolution to the purchasing power parity puzzle (see Rogoff, 1996). A key contribution of this paper is the development of a method of …
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Economic reforms and product market integration in developing countries : an empirical investigation using retail prices in Zambia
In spite of extensive trade reforms, markets for goods and services are not fully integrated across countries. Less appreciated also is that product markets within countries are frequently not integrated. Barriers to trade within countries are shown to be as important in preventing product market …
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Essays in Modern Macroeconomics
This PhD thesis consists of a short introduction followed by three papers. Each paper examines a different topic within the broad area of modern monetary and international macroeconomics. The first paper, Product Quality, Measured Inflation and Monetary Policy, written in collaboration with Alex …
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Investigating product market Integration in the southern African development community : a price-based approach
This thesis extends the price-based empirical literature on border effects and product market integration to the South ern African Development Community (SADC). The analysis draws on a unique integrated dataset of district-level monthly average retail product prices spanning a number of districts …