Inflation and relative price variability: The case of internationally traded primary commodities
EI Kaparakis, GM Katsimbris, SM Miller - Economics Letters, 1990 - Elsevier
We examine the link between inflation and relative price variability for internationally traded
primary commodities. Larger and unexpected movements in commodity prices induce
greater relative price variability. Thus, our results generally mirror similar findings for the
prices of finished products.
primary commodities. Larger and unexpected movements in commodity prices induce
greater relative price variability. Thus, our results generally mirror similar findings for the
prices of finished products.
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