This paper examines the persistence of relative consumer price indices for 15 regions in Korea including 6 metropolitan … cities and 9 provinces over the period of 1990-2016. In particular, we ask if relative regional price indices contain a … aggregate consumer price indices and in the range of 7 to 13 months for the tradable goods price indices, which is much quicker …

This paper uncovers a striking empirical regularity: the consumer price of a good relative to a different good within a … country tends to be much less variable than the price of that good relative to a similar good in another country. This fact …

appreciation and how household expenditures responded to these price changes. Consumer prices of imported goods and of competing …-invoiced border prices. These price changes resulted in substantial expenditure switching between imported and Swiss-produced goods …. While the frequency of import retail price reductions rose in the aftermath of the appreciation, the average size of these …

by the elimination of the exchange rate as a source of shocks, in combination with faster adjustment in national price … relative price adjustment …

by the elimination of the exchange rate as a source of shocks, in combination with faster adjustment in national price … relative price adjustment …