Does the Law of One Price Really Hold for Commodity Prices?

• 1 August 1989
• journal article
• Published by Wiley in American Journal of Agricultural Economics
• Vol. 71  (3) , 661-669
• https://doi.org/10.2307/1242021

Abstract

Keywords

• PRICE
• COUNTERFACTUAL
• SHORTCOMINGS
• COMMODITY
• NONSTATIONARY
• SPURIOUS
• PERFECTLY
• FAILS
• FLAWED
• ARBITRAGED