{"id":"https://openalex.org/W2000297687","doi":"https://doi.org/10.1016/0164-0704(86)90002-9","title":"The law of one price cannot be rejected: Two tests based on the tradable/nontradable price ratio","display_name":"The law of one price cannot be rejected: Two tests based on the tradable/nontradable price ratio","publication_year":1986,"publication_date":"1986-01-01","ids":{"openalex":"https://openalex.org/W2000297687","doi":"https://doi.org/10.1016/0164-0704(86)90002-9","mag":"2000297687"},"language":"en","primary_location":{"id":"doi:10.1016/0164-0704(86)90002-9","doi":"https://doi.org/10.1016/0164-0704(86)90002-9","is_oa":false,"landing_page_url":"https://doi.org/10.1016/0164-0704(86)90002-9","pdf_url":null,"source":{"id":"https://openalex.org/S176795851","display_name":"Journal of Macroeconomics","issn_l":"0164-0704","issn":["0164-0704","1873-152X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Macroeconomics","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5077035099","display_name":"Lawrence H. Officer","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I87216513","display_name":"Michigan State University","ror":"https://ror.org/05hs6h993","country_code":"US","type":"education","lineage":["https://openalex.org/I87216513"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Lawrence H. Officer","raw_affiliation_strings":["Michigan State University, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Michigan State University, USA","institution_ids":["https://openalex.org/I87216513"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5077035099"],"corresponding_institution_ids":["https://openalex.org/I87216513"],"apc_list":{"value":3140,"currency":"USD","value_usd":3140},"apc_paid":null,"fwci":2.1461,"has_fulltext":false,"cited_by_count":32,"citation_normalized_percentile":{"value":0.89102564,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":96},"biblio":{"volume":"8","issue":"2","first_page":"159","last_page":"182"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.8817999958992004,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.8817999958992004,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10128","display_name":"Global trade and economics","score":0.04540000110864639,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.014399999752640724,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/law-of-one-price","display_name":"law of one price","score":1.0},{"id":"https://openalex.org/keywords/international-trade","display_name":"international trade","score":0.31700000166893005}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.8224787712097168},{"id":"https://openalex.org/C2776502983","wikidata":"https://www.wikidata.org/wiki/Q690182","display_name":"Contrast (vision)","level":2,"score":0.7044193148612976},{"id":"https://openalex.org/C79850504","wikidata":"https://www.wikidata.org/wiki/Q1364085","display_name":"Law of one price","level":4,"score":0.6677911281585693},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.4269677996635437},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.3502490222454071},{"id":"https://openalex.org/C34881761","wikidata":"https://www.wikidata.org/wiki/Q1936341","display_name":"Price level","level":2,"score":0.34022676944732666},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.33807480335235596},{"id":"https://openalex.org/C162889289","wikidata":"https://www.wikidata.org/wiki/Q6841075","display_name":"Mid price","level":3,"score":0.2255658507347107},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.051496267318725586},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1016/0164-0704(86)90002-9","doi":"https://doi.org/10.1016/0164-0704(86)90002-9","is_oa":false,"landing_page_url":"https://doi.org/10.1016/0164-0704(86)90002-9","pdf_url":null,"source":{"id":"https://openalex.org/S176795851","display_name":"Journal of Macroeconomics","issn_l":"0164-0704","issn":["0164-0704","1873-152X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Macroeconomics","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:eee:jmacro:v:8:y:1986:i:2:p:159-182","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/0164-0704(86)90002-9","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"score":0.800000011920929,"id":"https://metadata.un.org/sdg/16","display_name":"Peace, justice, and strong institutions"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":33,"referenced_works":["https://openalex.org/W219509973","https://openalex.org/W586220390","https://openalex.org/W642437157","https://openalex.org/W1488599363","https://openalex.org/W1561786601","https://openalex.org/W1592671300","https://openalex.org/W1603784434","https://openalex.org/W1965231283","https://openalex.org/W1978644711","https://openalex.org/W2011560474","https://openalex.org/W2018442724","https://openalex.org/W2023892702","https://openalex.org/W2031414586","https://openalex.org/W2036386407","https://openalex.org/W2038490520","https://openalex.org/W2048025958","https://openalex.org/W2058396217","https://openalex.org/W2060972181","https://openalex.org/W2061381918","https://openalex.org/W2081086809","https://openalex.org/W2082187085","https://openalex.org/W2087964979","https://openalex.org/W2091168508","https://openalex.org/W2111401626","https://openalex.org/W2158614924","https://openalex.org/W2323645488","https://openalex.org/W2329210932","https://openalex.org/W2334011176","https://openalex.org/W2573100395","https://openalex.org/W2764668494","https://openalex.org/W2799527484","https://openalex.org/W4300919664","https://openalex.org/W6633639595"],"related_works":["https://openalex.org/W4312291352","https://openalex.org/W7098999873","https://openalex.org/W2112065096","https://openalex.org/W2014279194","https://openalex.org/W2321420743","https://openalex.org/W1510114711","https://openalex.org/W2259193614","https://openalex.org/W3122137615","https://openalex.org/W1992322733","https://openalex.org/W3129341642"],"abstract_inverted_index":null,"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":1},{"year":2017,"cited_by_count":1},{"year":2013,"cited_by_count":2},{"year":2012,"cited_by_count":1}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2016-06-24T00:00:00"}