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Search results with tag "Law of one price"
The Law of One Price and the Financial Crisis: Evidence ...
www.gc.cuny.eduThe so called law of one price is a reduced version of, and an integral part of, PPP theory. Instead of looking at the aggregate price levels, the LOOP states that taken on an individual level, the prices of
LOOP: Law of One Price - Washington State University
public.wsu.eduLaw of One Price (LOOP) The Big Mac Index is a (partly tongue in cheek) applications of LOOP. The Big Mac Index has been published for over 20 years by the Economist as an indicator of short term under or over valuations of currencies. Link to July/09 Big Mac Index