Relative price variability and inflation: New evidence

•The paper investigates the relationship between relative price variability and inflation.•Micro-price data for 128 goods in 13 Turkish regions for the period 1994–2010 is used.•Semi-parametric estimations show that there is a hump-shaped relationship.•A region- or city-level homogenous menu cost mo...

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Veröffentlicht in:	Journal of macroeconomics 2016-06, Vol.48, p.263-282
Hauptverfasser:	Baglan, Deniz, Ege Yazgan, M., Yilmazkuday, Hakan
Format:	Artikel
Sprache:	eng
Schlagworte:	Calvo pricing Inflation Inflation rates Menu costs Price variance Relative price variability Studies
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