Published June 16, 2017 | Version v1
Conference paper Open

Inflation and Price Dispersion: Evidence from the UK CPI Micro Data

  • 1. Bank of Canada
  • 2. Carleton University
  • 3. Emory University

Description

We explore the relation between inflation and price dispersion using micro-level consumer prices from the United Kingdom’s Office for National Statistics. We find that on aggregate there is a positive relationship. However, the correlation between inflation and price dispersion can be positive or negative depending on the level stratification i.e. the type of good or the region where the good is sold. 

Files

16_Huynh.pdf

Files (166.4 kB)

Name Size Download all
md5:a3e1785f423f2ed87391693fd8e05e06
166.4 kB Preview Download