Showing 1 - 10 of 8,617
Monetary search theory implies that the real effects of inflation via its impact on price dispersion depend on the … level of search costs and, thus, on the level of market integration. For less integrated markets, the inflation …-price dispersion nexus is predicted to be asymmetrically V-shaped which results in an optimal inflation rate above zero. For highly …
Persistent link: https://www.econbiz.de/10010281593
inflation and price dispersion. In particular, our data set includes price observations from three distinct store types: bakkals … sellers seem to have very little market power. Moreover, we find that several of the basic inflation-dispersion channels …
Persistent link: https://www.econbiz.de/10005220019
In this paper, we investigate the impact of market structure on the relationship between inflation and price dispersion …. We first propose a new empirical model of the relationship between inflation and dispersion with firmer theoretical …
Persistent link: https://www.econbiz.de/10005577736
In this paper, we investigate the impact of market structure on the relationship between inflation and price dispersion …. We first propose a new empirical model of the relationship between inflation and dispersion with firmer theoretical …
Persistent link: https://www.econbiz.de/10005230661
The study is an empirical investigation of inflation convergence between CEFTA and EU countries. The question of both …
Persistent link: https://www.econbiz.de/10005258049
This study evaluates the role market competition plays in determining inflation based on sector-level data from OECD … countries. In theory, trade openness can affect inflation through changes in market competitiveness and productivity … of market competition. This study shows that inflation decreases with greater market competitiveness even after …
Persistent link: https://www.econbiz.de/10010280812
This study evaluates the role market competition plays in determining inflation based on sector-level data from OECD … countries. In theory, trade openness can affect inflation through changes in market competitiveness and productivity … of market competition. This study shows that inflation decreases with greater market competitiveness even after …
Persistent link: https://www.econbiz.de/10009391719
This study evaluates the role market competition plays in determining inflation based on sectorlevel data from OECD … countries. In theory, trade openness can affect inflation through changes in market competitiveness and productivity … of market competition. This study shows that inflation decreases with greater market competitiveness even after …
Persistent link: https://www.econbiz.de/10009421805
setting behaviour of Portuguese firms. Inflation, the level of economic activity and the magnitude of the last price change …
Persistent link: https://www.econbiz.de/10011604557
changes does not change much with inflation and does not react much to aggregate shocks; (vi) changes in inflation are mostly … consistent with the predictions of a menu cost model in a low inflation environment where idiosyncratic shocks are a more …
Persistent link: https://www.econbiz.de/10013257642