A pair-wise analysis of the law of one price: Evidence from the crude oil market

This paper applies a pairwise approach to investigate the validity of the law of one price in the crude oil markets. Price differentials appear smaller between crude oil pairs with similar physical/chemical characteristics and also for pairs within OPEC. © 2015.

Detalles Bibliográficos
Autores Principales: "Giulietti, Monica, Iregui, Ana María, Otero, Jesús"
Formato: Artículo (Article)
Lenguaje:Inglés (English)
Publicado: Elsevier 2015
Materias:
Acceso en línea:https://repository.urosario.edu.co/handle/10336/23898
https://doi.org/10.1016/j.econlet.2015.02.002
Descripción
Sumario:This paper applies a pairwise approach to investigate the validity of the law of one price in the crude oil markets. Price differentials appear smaller between crude oil pairs with similar physical/chemical characteristics and also for pairs within OPEC. © 2015.