Akkoyunlu, Sule; Siliverstovs, Boriss - In: Applied Economics 46 (2014) 26, pp. 3236-3245
This study addresses the price convergence in two cities in Turkey (Istanbul and Ankara) using annual data over the three-quarters of the twentieth century (1922-1998), characterized by prevailing high inflation rates for most of the period. In contrast to the rest of the literature addressing...