Differences in Relative Prices in the EU

Price levels differ considerably between the member states of the EU. This paper examines what causes these price differences. Disaggregated price level indexes for 13 capital cities in the EU are used in order to investigate differences in relative prices during the 1990s. It is found that such variables as physical distance, tax levels, participation in the EMU and income levels explain differences in price levels.

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Year of publication:	2004-05-21
Authors:	Palenmark, Sirly
Institutions:	Nationalekonomiska Institutionen, Ekonomihögskolan
Subject:	Relative prices \| Purchasing Power Parity \| Law of One Price

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Working Papers Number 2004:16 21 pages
Classification:	E31 - Price Level; Inflation; Deflation ; F41 - Open Economy Macroeconomics
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005645231