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 |
|---|---|
| Pages (from-to) | 53-56 |
| Number of pages | 4 |
| Journal | Economics Letters |
| Volume | 41 |
| Issue number | 1 |
| DOIs | |
| State | Published - 1993 |