Price convergence, reversal speed and purchasing power parity: Stylized facts for Brazilian cities
This paper analyzes the price dynamics of Brazilian cities between 1995 and 2012 to identify stylized facts about price convergence, the reversal speed of deviations between relative prices and purchasing power parity (PPP). There is evidence of a strong reduction in the absolute dispersion of price...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2018-05-01
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| Series: | EconomiA |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S1517758017301200 |