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In recent macroeconomic theory, relative price variability (RPV) generates the central distortions of inflation. This … paper provides first evidence on the empirical relation between inflation and RPV in the euro area focusing on threshold … effects of inflation. We find that expected inflation significantly increases RPV if inflation is either very low (below -1 …
Persistent link: https://www.econbiz.de/10010295801
In recent macroeconomic theory, relative price variability (RPV) generates the central distortions of inflation. This … paper provides first evidence on the empirical relation between inflation and RPV in the euro area focusing on threshold … effects of inflation. We find that expected inflation significantly increases RPV if inflation is either very low (below -1 …
Persistent link: https://www.econbiz.de/10003304982
Persistent link: https://www.econbiz.de/10003710944
Persistent link: https://www.econbiz.de/10003925658
Persistent link: https://www.econbiz.de/10009530197
Persistent link: https://www.econbiz.de/10009307215
Persistent link: https://www.econbiz.de/10010357340
Persistent link: https://www.econbiz.de/10010415548
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Persistent link: https://www.econbiz.de/10001260971