Regional Mc parity: do common pricing points reduce deviations from the law of one price?

Article, Preprint OPEN
Mathä, Thomas Y. (2009)
  • Publisher: DEU
  • Related identifiers: doi: 10.1007/s10290-009-0005-6
  • Subject: Law of one price; Psychological and fractional prices; European monetary union; E31; F41; R11 | E31 | F41 | Öffentliche Finanzen und Finanzwissenschaft | Wirtschaft | Volkswirtschaftslehre | Public Finance | Political Economy | European monetary union | Law of one price, psychological and fractional prices, European Monetary Union | Economics | R11 | Psychological and fractional prices | Law of one price
    • jel: jel:E31 | jel:F41 | jel:R11

International audience; This paper analyses price differences of products in four different countries. I show that pricing at pricing points in different currencies may contribute to explaining deviations from the law of one price. Observing strictly equal prices is mor... View more
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