Inflation and relative price stability: a further look
A multi-market model relating the variance of relative price changes to unanticipated inflation and real income was developed by Richard Parks for an article in the Journal of Political Economy. Parks used annual data in his estimation, and his use of the current rate of inflation as a predictor for...
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| Format: | Others |
| Language: | en |
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Virginia Polytechnic Institute and State University
2020
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| Online Access: | http://hdl.handle.net/10919/101193 |