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Anomalies: the law of one price in financial markets

Article Abstract:

The law of one price is the second law of economics, which states that identical goods must have identical prices in competitive markets subject to certain market conditions. The law of one price is illustrated with the help of examples.

Author: Lamont, Owen A.
Publisher: American Economic Association
Publication Name: Journal of Economic Perspectives
Subject: Economics
ISSN: 0895-3309
Year: 2003
Pricing policies

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The European Central Bank, the Euro, and global financial markets

Article Abstract:

The results of the introduction of the Euro as the currency of Europe are discussed, along with the impact of monetary policy of the European Central Bank on the global financial markets.

Author: Dominguez, Kathryn M.E.
Publisher: American Economic Association
Publication Name: Journal of Economic Perspectives
Subject: Economics
ISSN: 0895-3309
Year: 2006
Economic aspects, International aspects, Euro (Currency), European Union, Euro currency transition

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Financial structure and monetary policy transmission in transition countries

Article Abstract:

The impact of European Central Bank's monetary reforms on financial systems of member countries is examined. Autoregression methods are used for the study.

Author: Elbourne, Adam, De Haan, Jakob
Publisher: Academic Press, Inc.
Publication Name: Journal of Comparative Economics
Subject: Economics
ISSN: 0147-5967
Year: 2006
Methods, Europe, Membership, Monetary policy, Autoregression (Statistics)

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Subjects list: Analysis, Forecasts and trends, Market trend/market analysis, Financial markets, Economic policy, European Union. European Central Bank
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