Borders and Big Macs

被引：4

作者：

Landry, Anthony ^{[1
,2
]}

机构：

[1] Fed Reserve Bank Dallas, Dallas, TX USA

[2] Univ Penn, Wharton Sch, Philadelphia, PA 19104 USA

来源：

ECONOMICS LETTERS | 2013年 / 120卷 / 02期

关键词：

Border frictions; Price dispersion; Real exchange rates; COSTS;

D O I：

10.1016/j.econlet.2013.04.045

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

I provide new estimates of border frictions for 14 countries using local, national, and international Big Mac prices. I find that borders generally introduce only small price wedges, far smaller than those observed across New York City neighboring locations. (C) 2013 Elsevier B.V. All rights reserved.

引用

页码：318 / 322

页数：5

共 7 条

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Hsieh, Chang-Tai ;

Li, Nicholas .

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[4] Border Effect or Country Effect? Seattle May Not Be so Far from Vancouver After All [J].

Gorodnichenko, Yuriy ;

Tesar, Linda L. .

AMERICAN ECONOMIC JOURNAL-MACROECONOMICS, 2009, 1 (01) :219-241

[5]

LANDRY A., 2008, FEDERAL RESERVE BANK, V3

[6]

Landry Anthony, 2011, 95 MON POL I FED RES

[7] Explaining the border effect: the role of exchange rate variability, shipping costs, and geography [J].

Parsley, DC ;

Wei, SJ .

JOURNAL OF INTERNATIONAL ECONOMICS, 2001, 55 (01) :87-105

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