Article ID Journal Published Year Pages File Type
965800 Journal of Macroeconomics 2011 14 Pages PDF
Abstract
► The paper examines how real variables affect the relative price of traded goods. ► The relative price of traded goods is constructed using retail prices and prices at the dock. ► The first measure emphasizes the importance of distribution services. ► The second measure highlights the importance of home bias in consumption. ► The empirical analysis finds that both distribution services and home bias are important.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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