Standard Errors in the U.S. Regional Price Parities (RPPs)

Relative price levels for all the U.S. states and metropolitan regions were estimated in Aten, Figueroa and Martin (2011, 2012, forthcoming 2013) 1 . We use the term RPPs and relative price levels interchangeably since no currency conversion is necessary within the U.S. This is similar to the Eurozone, but unlike the International Comparison Program (ICP) where PPPs are in different currencies.