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Relative price variability and inflation in an equilibrium price misperceptions' model : Evidence for the UK

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  • Clare, A. D.
  • Thomas, S. H.

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  • Clare, A. D. & Thomas, S. H., 1993. "Relative price variability and inflation in an equilibrium price misperceptions' model : Evidence for the UK," Economics Letters, Elsevier, vol. 42(1), pages 51-57.
    • Handle: RePEc:eee:ecolet:v:42:y:1993:i:1:p:51-57
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    References listed on IDEAS

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    1. Ram, Rati, 1988. "Inflation and relative-price variability : Effect of temporal aggregation," Economics Letters, Elsevier, vol. 28(2), pages 141-146.
    2. Stanley Fischer, 1981. "Relative Shocks, Relative Price Variability, and Inflation," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 12(2), pages 381-442.
    3. Lucas, Robert E, Jr, 1973. "Some International Evidence on Output-Inflation Tradeoffs," American Economic Review, American Economic Association, vol. 63(3), pages 326-334, June.
    4. Sargan, John Denis & Bhargava, Alok, 1983. "Testing Residuals from Least Squares Regression for Being Generated by the Gaussian Random Walk," Econometrica, Econometric Society, vol. 51(1), pages 153-174, January.
    5. Eytan Sheshinski & Yoram Weiss, 1977. "Inflation and Costs of Price Adjustment," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 44(2), pages 287-303.
    6. Perron, Pierre, 1989. "The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis," Econometrica, Econometric Society, vol. 57(6), pages 1361-1401, November.
    7. Jarque, Carlos M. & Bera, Anil K., 1980. "Efficient tests for normality, homoscedasticity and serial independence of regression residuals," Economics Letters, Elsevier, vol. 6(3), pages 255-259.
    8. A. R. Pagan & A. D. Hall & P. K. Trivedi, 1983. "Assessing the Variability of Inflation," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 50(4), pages 585-596.
    9. Tobin, James, 1972. "Inflation and Unemployment," American Economic Review, American Economic Association, vol. 62(1), pages 1-18, March.
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    Cited by:

    1. Andrade, Isabel, 1992. "The relationship between inflation and relative price variability: A multivariate approach," Discussion Paper Series In Economics And Econometrics 9203, Economics Division, School of Social Sciences, University of Southampton.
    2. Michał Brzozowski, 2001. "New and modernized products and inflation," Ekonomia journal, Faculty of Economic Sciences, University of Warsaw, vol. 3.

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