This study examines whether skewness of cross sectional distribution of
relative price shocks has asymmetric impact on aggregate inflation. The
empirical evidence from various countries suggests tha...
On 16 Nov 2016 Unlike earlier literature that documented positive association between inflation and the dispersion of relative prices over time, the empirical evidence from this study suggests that the relative pric...
On 10 Mar 2016 This study examines whether skewness of the cross sectional distribution of relative price changes is positively associated with aggregate inflation as predicted by the Menu cost model of Ball and Man...
On 14 Sep 2015 |