We investigate the relationship between inflation and price variation using highly disaggregated, weekly price data for … consumption goods recorded in Germany during 1995, a low inflation period. We find a significant positive correlation between the … rates of price change and price dispersion, both at the level of individual products and product groups. However, we find no …

functioning and efficiency of financial markets. In this paper, we develop a general equilibrium theory to study the … distributional effects of asset ownership for price informativeness when investors (oligopolists) have price impact and can learn … about individual assets' payoffs. We find that price informativeness is non-monotonic in the oligopolists' aggregate size …

information passthrough channel, which we show is the quantitatively largest of the three. We find that price informativeness is …