Abstract
We estimate the effects of expected and unexpected inflation on relative price variability. Expected inflation is prominent in explaining price variability within a market, whereas unexpected inflation becomes more important when that variability is between different markets.
Original language | English |
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Pages (from-to) | 53-56 |
Number of pages | 4 |
Journal | Economics Letters |
Volume | 41 |
Issue number | 1 |
DOIs | |
State | Published - 1993 |