Relative Price Variability and Inflation
A Disaggregated Analysis
Bibliographic Data
| ID | 10183604 |
|---|---|
| Authors | Simon Domberger (corresponding author) |
| Year | 1987 |
| Volume | 95 |
| Issue | 3 |
| Pages | 547-566 |
| Publication date | 1987-06-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of Political Economy (JOURNAL) |
| Journal identifiers | ISSN: 0022-3808 • E-ISSN: 1537-534X |
| Publisher | University of Chicago Press (PUBLISHER • US) |
| DOI | 10.1086/261471 |
| OpenAlex | W2064881996 |
| Language | EN |
| Citations received | 8 |
| References cited | 4 |
Relative price variability has been studied at the cross-sectional (intermarket) level. This paper addresses the equally important phenomenon of intramarket variability: the dispersion of commodity price movements around the industry average. Using quarterly price data for eighty disaggregated commodity groups in the United Kingdom from 1974 to 1984, the paper investigates the determinants of intramarket price variability and replicates some previous cross-sectional tests for the United Kingdom. Intramarket price variability is found to be positively related to inflation. Intramarket variability is found to be positively related to the average (market) rate of price change. Copyright 1987 by University of Chicago Press
Download · Economics · Inflation (cosmology · Monetary economics · Monetary policy · Relative price · Economic Theory and Policy · Market Dynamics and Volatility · Monetary Policy and Economic Impact
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| Unique citing works | 8 |
|---|---|
| Citations per year | 0,21 |
| Citation span | 1988 - 2020 (33) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 8 |