The Effects of Inflation on Relative Price Variability: The Importance of Price Regimes

2017 ◽  
Author(s):  
Rodrigo Andres Cerda ◽  
Rolf J. Luders ◽  
lvaro Silva
Keyword(s):  
Relative Price ◽  
Price Variability ◽  
Relative Price Variability

Relative Price Variability and Inflation in Europe

Economica ◽  
2000 ◽  
Vol 67 (265) ◽  
pp. 57-78 ◽  
Author(s):  
David Fielding ◽  
Paul Mizen
Keyword(s):  
Relative Price ◽  
Price Variability ◽  
Relative Price Variability

SEARCHING FOR THE OPTIMAL LEVEL: INFLATION AND PRICE VARIABILITY IN TURKEY

2019 ◽  
pp. 1-19
Author(s):  
HATICE KARAHAN ◽  
M. EGE YAZGAN
Keyword(s):  
Functional Form ◽  
Optimal Level ◽  
Parametric Estimation ◽  
Relative Price ◽  
Price Variability ◽  
Relative Price Variability ◽  
Price Data ◽  
Large Fluctuations ◽  
Main Item ◽  
The Relationship

This paper explores the relationship between inflation and relative price variability (RPV) in Turkey for the period 2004–2017 to shed further light on the issue with relatively recent data. For this purpose, we use monthly price data for 12 main item groups and 414 specific items thereof. Analyses show that RPV for the period of interest exhibits large fluctuations, being particularly salient in the categories of communications and food. Regarding the underlying functional form, semi-parametric estimation results indicate a U-shaped relationship between inflation and RPV, where the latter reaches its minimum at an inflation level close to 8%.

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