Inflationary regimes and relative price variability: Evidence from Argentina

Autores
Dabús, Carlos Darío
Año de publicación
2000
Idioma
inglés
Tipo de recurso
artículo
Estado
versión publicada
Descripción
This paper explores the relation between inflation and relative prices for Argentina over the 1960-1993 period. The study is carried out in the framework of four inflationary regimes: moderate, high, very high inflation and hyperinflation. The evidence favors the view of non-neutrality of inflation: relative price variability is increasing in inflation, but decreasing when inflation climbs smoothly and gradually. The inflation rate and its volatility are the main explanatory factors of price variability, while the effects of expected and unexpected inflation are ambiguous. In contrast to previous consensus, we found that fix price variability is always increasing in inflation, and particularly in extreme inflation. In addition, the relation between inflation and relative prices exhibits structural changes across different levels of inflation.
Fil: Dabús, Carlos Darío. Universidad Nacional del Sur; Argentina
Materia
INFLATIONARY REGIMES
RELATIVE PRICE VARIABILITY
Nivel de accesibilidad
acceso abierto
Condiciones de uso
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
Repositorio
CONICET Digital (CONICET)
Institución
Consejo Nacional de Investigaciones Científicas y Técnicas
OAI Identificador
oai:ri.conicet.gov.ar:11336/96064
Acceder
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spelling Inflationary regimes and relative price variability: Evidence from ArgentinaDabús, Carlos DaríoINFLATIONARY REGIMESRELATIVE PRICE VARIABILITYhttps://purl.org/becyt/ford/5.2https://purl.org/becyt/ford/5This paper explores the relation between inflation and relative prices for Argentina over the 1960-1993 period. The study is carried out in the framework of four inflationary regimes: moderate, high, very high inflation and hyperinflation. The evidence favors the view of non-neutrality of inflation: relative price variability is increasing in inflation, but decreasing when inflation climbs smoothly and gradually. The inflation rate and its volatility are the main explanatory factors of price variability, while the effects of expected and unexpected inflation are ambiguous. In contrast to previous consensus, we found that fix price variability is always increasing in inflation, and particularly in extreme inflation. In addition, the relation between inflation and relative prices exhibits structural changes across different levels of inflation.Fil: Dabús, Carlos Darío. Universidad Nacional del Sur; ArgentinaNorth-holland2000-08info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_6501info:ar-repo/semantics/articuloapplication/pdfapplication/pdfhttp://hdl.handle.net/11336/96064Dabús, Carlos Darío; Inflationary regimes and relative price variability: Evidence from Argentina; North-holland; Journal of Development Economics; 62; 2; 8-2000; 535-5470304-3878CONICET DigitalCONICETenginfo:eu-repo/semantics/altIdentifier/doi/10.1016/S0304-3878(00)00096-1info:eu-repo/semantics/altIdentifier/url/https://www.sciencedirect.com/science/article/pii/S0304387800000961info:eu-repo/semantics/openAccesshttps://creativecommons.org/licenses/by-nc-sa/2.5/ar/reponame:CONICET Digital (CONICET)instname:Consejo Nacional de Investigaciones Científicas y Técnicas2025-09-03T10:00:11Zoai:ri.conicet.gov.ar:11336/96064instacron:CONICETInstitucionalhttp://ri.conicet.gov.ar/Organismo científico-tecnológicoNo correspondehttp://ri.conicet.gov.ar/oai/requestdasensio@conicet.gov.ar; lcarlino@conicet.gov.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:34982025-09-03 10:00:11.35CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicasfalse
dc.title.none.fl_str_mv Inflationary regimes and relative price variability: Evidence from Argentina
title Inflationary regimes and relative price variability: Evidence from Argentina
spellingShingle Inflationary regimes and relative price variability: Evidence from Argentina
Dabús, Carlos Darío
INFLATIONARY REGIMES
RELATIVE PRICE VARIABILITY
title_short Inflationary regimes and relative price variability: Evidence from Argentina
title_full Inflationary regimes and relative price variability: Evidence from Argentina
title_fullStr Inflationary regimes and relative price variability: Evidence from Argentina
title_full_unstemmed Inflationary regimes and relative price variability: Evidence from Argentina
title_sort Inflationary regimes and relative price variability: Evidence from Argentina
dc.creator.none.fl_str_mv Dabús, Carlos Darío
author Dabús, Carlos Darío
author_facet Dabús, Carlos Darío
author_role author
dc.subject.none.fl_str_mv INFLATIONARY REGIMES
RELATIVE PRICE VARIABILITY
topic INFLATIONARY REGIMES
RELATIVE PRICE VARIABILITY
purl_subject.fl_str_mv https://purl.org/becyt/ford/5.2
https://purl.org/becyt/ford/5
dc.description.none.fl_txt_mv This paper explores the relation between inflation and relative prices for Argentina over the 1960-1993 period. The study is carried out in the framework of four inflationary regimes: moderate, high, very high inflation and hyperinflation. The evidence favors the view of non-neutrality of inflation: relative price variability is increasing in inflation, but decreasing when inflation climbs smoothly and gradually. The inflation rate and its volatility are the main explanatory factors of price variability, while the effects of expected and unexpected inflation are ambiguous. In contrast to previous consensus, we found that fix price variability is always increasing in inflation, and particularly in extreme inflation. In addition, the relation between inflation and relative prices exhibits structural changes across different levels of inflation.
Fil: Dabús, Carlos Darío. Universidad Nacional del Sur; Argentina
description This paper explores the relation between inflation and relative prices for Argentina over the 1960-1993 period. The study is carried out in the framework of four inflationary regimes: moderate, high, very high inflation and hyperinflation. The evidence favors the view of non-neutrality of inflation: relative price variability is increasing in inflation, but decreasing when inflation climbs smoothly and gradually. The inflation rate and its volatility are the main explanatory factors of price variability, while the effects of expected and unexpected inflation are ambiguous. In contrast to previous consensus, we found that fix price variability is always increasing in inflation, and particularly in extreme inflation. In addition, the relation between inflation and relative prices exhibits structural changes across different levels of inflation.
publishDate 2000
dc.date.none.fl_str_mv 2000-08
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
http://purl.org/coar/resource_type/c_6501
info:ar-repo/semantics/articulo
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv http://hdl.handle.net/11336/96064
Dabús, Carlos Darío; Inflationary regimes and relative price variability: Evidence from Argentina; North-holland; Journal of Development Economics; 62; 2; 8-2000; 535-547
0304-3878
CONICET Digital
CONICET
url http://hdl.handle.net/11336/96064
identifier_str_mv Dabús, Carlos Darío; Inflationary regimes and relative price variability: Evidence from Argentina; North-holland; Journal of Development Economics; 62; 2; 8-2000; 535-547
0304-3878
CONICET Digital
CONICET
dc.language.none.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv info:eu-repo/semantics/altIdentifier/doi/10.1016/S0304-3878(00)00096-1
info:eu-repo/semantics/altIdentifier/url/https://www.sciencedirect.com/science/article/pii/S0304387800000961
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
eu_rights_str_mv openAccess
rights_invalid_str_mv https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv North-holland
publisher.none.fl_str_mv North-holland
dc.source.none.fl_str_mv reponame:CONICET Digital (CONICET)
instname:Consejo Nacional de Investigaciones Científicas y Técnicas
reponame_str CONICET Digital (CONICET)
collection CONICET Digital (CONICET)
instname_str Consejo Nacional de Investigaciones Científicas y Técnicas
repository.name.fl_str_mv CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicas
repository.mail.fl_str_mv dasensio@conicet.gov.ar; lcarlino@conicet.gov.ar
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score 13.13397

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