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    Please use this identifier to cite or link to this item: https://tkuir.lib.tku.edu.tw/dspace/handle/987654321/78467

    Title: Convergence in price levels across US cities
    Authors: Huang, Ho-Chuan (River);Liu, Wei-Han;Yeh, Chih-Chuan
    Contributors: 淡江大學財務金融學系
    Keywords: CPI;Convergence;Panel data;GMM
    Date: 2012-03
    Issue Date: 2012-09-30 17:25:36 (UTC+8)
    Abstract: This paper empirically tests for convergence in consumer price indices across 17 major cities in US over the 1918–2008 period. By using the novel OLS estimator introduced by Bao, Y., Dhongde, S., 2009. Testing convergence in income distribution. Oxford Bulletin of Economics and Statistics 71, 295–302, we find overwhelming evidences in support of price level convergence over time.
    Relation: Economics Letters 114(3), pp.245-248
    DOI: 10.1016/j.econlet.2011.09.039
    Appears in Collections:[Graduate Institute & Department of Banking and Finance] Journal Article

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