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2015•Journal of MacroeconomicsRequires access

The law of one price revisited: How do goods market frictions generate large and volatile price deviations?

Inkoo Lee, Sang Soo Park

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Key concepts: Law of one price, Economics, Arbitrage, Volatility (finance), Distribution (mathematics), Econometrics, Price level, Microeconomics

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The law of one price revisited: How do goods market frictions generate large and volatile price deviations? — Research Paper | ScholarLens