Does inflation asymmetrically affect relative price variability?

dc.contributor.author	Rather, Sartaj Rasool
dc.contributor.author	Durai, S. Raja Sethu
dc.contributor.author	Ramachandran, M.
dc.date.accessioned	2022-03-27T02:10:39Z
dc.date.available	2022-03-27T02:10:39Z
dc.date.issued	2014-01-01
dc.description.abstract	The U-shaped relationship between inflation and price dispersion around nonzero inflation rate is due to the use of aggregate measure of relative price variability (RPV), which amounts to specification errors in a piecewise linear regression models. However, the true underlying relationship between inflation and inflation-induced RPV is found to be U-shaped around zero inflation and inflation seems to have asymmetric impact on price dispersion as predicted by menu cost models. © 2013 Taylor & Francis.
dc.identifier.citation	Applied Economics Letters. v.21(2)
dc.identifier.issn	13504851
dc.identifier.uri	10.1080/13504851.2013.842632
dc.identifier.uri	http://www.tandfonline.com/doi/abs/10.1080/13504851.2013.842632
dc.identifier.uri	https://dspace.uohyd.ac.in/handle/1/4956
dc.subject	asymmetry
dc.subject	decomposition
dc.subject	relative price variability
dc.subject	U-shaped relationship
dc.title	Does inflation asymmetrically affect relative price variability?
dc.type	Journal. Article
dspace.entity.type

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