Further evidence on the variability of inflation and relative price variability

被引：15
|
作者：
Chang, EC [1 ]
Cheng, JW
机构：
[1] Univ Hong Kong, Sch Business, Pokfulam Rd, Hong Kong, Peoples R China
[2] Chinese Univ Hong Kong, Dept Finance, Hong Kong, Peoples R China
来源：
ECONOMICS LETTERS | 2000年 / 66卷 / 01期
关键词：
inflation variability; relative price variability;
D O I：
10.1016/S0165-1765(99)00186-X
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Using a sample of monthly observations of both a 12-category group and a 203-category group of personal consumption expenditures, we furnish evidence that relative price variability is positively related to both the inflation rate and inflation variability. The relation is robust to oil-price shocks. (C) 2000 Elsevier Science S.A. All rights reserved.
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页码：71 / 77
页数：7
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