The Determinants of Relative Price Variability: further evidence from argentina

This paper analyses the relative price variability (here after, RPVI) for Argentina from 1960 to 1993. We have distinguished a first period (1960-1975) with a moderate and stable inflation and a second one (1975-1993) withfour inflation regimes: moderate, high, very high and hyperinflation. Results...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autores principales:	Caraballo,María Angeles, Dabús,Carlos
Lenguaje:	English
Publicado:	Instituto de Economía, Pontificia Universidad Católica de Chile 2008
Materias:	Relative Price Variability Inflation Regimes Markov Switching Model Inflation Components
Acceso en línea:	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0717-68212008000200004
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:scielo:S0717-68212008000200004
record_format	dspace
spelling	oai:scielo:S0717-682120080002000042009-03-11The Determinants of Relative Price Variability: further evidence from argentinaCaraballo,María AngelesDabús,Carlos Relative Price Variability Inflation Regimes Markov Switching Model Inflation Components This paper analyses the relative price variability (here after, RPVI) for Argentina from 1960 to 1993. We have distinguished a first period (1960-1975) with a moderate and stable inflation and a second one (1975-1993) withfour inflation regimes: moderate, high, very high and hyperinflation. Results show thatfor the high, very high, and hyperinflation regimes, volatility and all components of inflation are relevant in explaining RPVI; butfor the moderate regime, volatility and uncertainty are insignificant, and the impact ofexpected and unexpected inflation shocks depends on whether inflation is stable or not.info:eu-repo/semantics/openAccessInstituto de Economía, Pontificia Universidad Católica de ChileCuadernos de economía v.45 n.132 20082008-11-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0717-68212008000200004en10.4067/S0717-68212008000200004
institution	Scielo Chile
collection	Scielo Chile
language	English
topic	Relative Price Variability Inflation Regimes Markov Switching Model Inflation Components
spellingShingle	Relative Price Variability Inflation Regimes Markov Switching Model Inflation Components Caraballo,María Angeles Dabús,Carlos The Determinants of Relative Price Variability: further evidence from argentina
description	This paper analyses the relative price variability (here after, RPVI) for Argentina from 1960 to 1993. We have distinguished a first period (1960-1975) with a moderate and stable inflation and a second one (1975-1993) withfour inflation regimes: moderate, high, very high and hyperinflation. Results show thatfor the high, very high, and hyperinflation regimes, volatility and all components of inflation are relevant in explaining RPVI; butfor the moderate regime, volatility and uncertainty are insignificant, and the impact ofexpected and unexpected inflation shocks depends on whether inflation is stable or not.
author	Caraballo,María Angeles Dabús,Carlos
author_facet	Caraballo,María Angeles Dabús,Carlos
author_sort	Caraballo,María Angeles
title	The Determinants of Relative Price Variability: further evidence from argentina
title_short	The Determinants of Relative Price Variability: further evidence from argentina
title_full	The Determinants of Relative Price Variability: further evidence from argentina
title_fullStr	The Determinants of Relative Price Variability: further evidence from argentina
title_full_unstemmed	The Determinants of Relative Price Variability: further evidence from argentina
title_sort	determinants of relative price variability: further evidence from argentina
publisher	Instituto de Economía, Pontificia Universidad Católica de Chile
publishDate	2008
url	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0717-68212008000200004
work_keys_str_mv	AT caraballomariaangeles thedeterminantsofrelativepricevariabilityfurtherevidencefromargentina AT dabuscarlos thedeterminantsofrelativepricevariabilityfurtherevidencefromargentina AT caraballomariaangeles determinantsofrelativepricevariabilityfurtherevidencefromargentina AT dabuscarlos determinantsofrelativepricevariabilityfurtherevidencefromargentina
_version_	1718442410305912832

The Determinants of Relative Price Variability: further evidence from argentina

Ejemplares similares