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Relative price variability: Which components of the consumer price index contribute towards its variability?

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  • Eliphas Ndou
  • Siobhan Redford

Abstract

This paper follows work by Choi, Kim and O’Sullivan (2011), but deviates from their analysis by looking at the relative price variability (RPV) of selected components of the consumer price index (CPI) rather than an aggregate measure. The purpose of this work is to analyse which components are more variable and to see if there […]

Suggested Citation

  • Eliphas Ndou & Siobhan Redford, 2014. "Relative price variability: Which components of the consumer price index contribute towards its variability?," Working Papers 412, Economic Research Southern Africa.
  • Handle: RePEc:rza:wpaper:412
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    File URL: https://econrsa.org/wp-content/uploads/2022/06/working_paper_412.pdf
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    Cited by:

    1. Baglan, Deniz & Ege Yazgan, M. & Yilmazkuday, Hakan, 2016. "Relative price variability and inflation: New evidence," Journal of Macroeconomics, Elsevier, vol. 48(C), pages 263-282.

    More about this item

    Keywords

    Consumer Behavior; Monetary Policy;

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

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