Price convergence, reversal speed and purchasing power parity: Stylized facts for Brazilian cities

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...

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Bibliographic Details
Main Authors:	Elano Ferreira Arruda, Ivan Castelar, Daniel Barboza Guimarães, Rafael Barros Barbosa
Format:	Article
Language:	English
Published:	Emerald Publishing 2018-05-01
Series:	EconomiA
Online Access:	http://www.sciencedirect.com/science/article/pii/S1517758017301200

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