The Law of One Price Over 700 Years photograph

The Law Of One Price Over 700 Years

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Originally published 1995
Authors Kenneth Rogoff
Kenneth Froot
Michael Kim
Date of Reg.
Date of Upd.
ID1985085
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About The Law Of One Price Over 700 Years


"This paper examines annual commodity price data from England and Holland over a span of seven centuries. Our data set incorporates transaction prices on 8 commodities: barley, butter, cheese, eggs, oats, peas, silver, wheat as well as pound/shilling nominal exchange rates going back, in some cases, to 1273. . . .

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