Analysis of the inflation structure of Spanish regions:The Ball and Mankiw methodology
In this paper we analyze the incidence of the distribution of price changes on the inflation rate of Spanish regions (1994-2001).Especially,we pay attention to the role of variability and skewness.The methodology applied is based on the menu cost models developed by Ball and Mankiw.In general,we con...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
AECR
2004-01-01
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| Series: | Investigaciones Regionales - Journal of Regional Research |
| Subjects: | |
| Online Access: | http://www.aecr.org/images/ImatgesArticles/2007/03%20Caraballo.pdf |
| _version_ | 1817993284543315968 |
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| author | María Ángeles Caraballo Carlos Usabiaga |
| author_facet | María Ángeles Caraballo Carlos Usabiaga |
| author_sort | María Ángeles Caraballo |
| collection | DOAJ |
| description | In this paper we analyze the incidence of the distribution of price changes on the inflation rate of Spanish regions (1994-2001).Especially,we pay attention to the role of variability and skewness.The methodology applied is based on the menu cost models developed by Ball and Mankiw.In general,we conclude that the behaviour of the regions is very homogeneous with respect to the «structure » of inflation.The significance of variability and skewness also shows the vulnerability of inflation to relative price shocks. |
| first_indexed | 2024-04-14T01:37:51Z |
| format | Article |
| id | doaj.art-c0f42604e39649d68ae6d876807ecc3e |
| institution | Directory Open Access Journal |
| issn | 1695-7253 |
| language | English |
| last_indexed | 2024-04-14T01:37:51Z |
| publishDate | 2004-01-01 |
| publisher | AECR |
| record_format | Article |
| series | Investigaciones Regionales - Journal of Regional Research |
| spelling | doaj.art-c0f42604e39649d68ae6d876807ecc3e2022-12-22T02:19:53ZengAECRInvestigaciones Regionales - Journal of Regional Research1695-72532004-01-0156790Analysis of the inflation structure of Spanish regions:The Ball and Mankiw methodologyMaría Ángeles CaraballoCarlos UsabiagaIn this paper we analyze the incidence of the distribution of price changes on the inflation rate of Spanish regions (1994-2001).Especially,we pay attention to the role of variability and skewness.The methodology applied is based on the menu cost models developed by Ball and Mankiw.In general,we conclude that the behaviour of the regions is very homogeneous with respect to the «structure » of inflation.The significance of variability and skewness also shows the vulnerability of inflation to relative price shocks.http://www.aecr.org/images/ImatgesArticles/2007/03%20Caraballo.pdfInflationdistribution of price changesvariabilityskewnesskurtosis |
| spellingShingle | María Ángeles Caraballo Carlos Usabiaga Analysis of the inflation structure of Spanish regions:The Ball and Mankiw methodology Investigaciones Regionales - Journal of Regional Research Inflation distribution of price changes variability skewness kurtosis |
| title | Analysis of the inflation structure of Spanish regions:The Ball and Mankiw methodology |
| title_full | Analysis of the inflation structure of Spanish regions:The Ball and Mankiw methodology |
| title_fullStr | Analysis of the inflation structure of Spanish regions:The Ball and Mankiw methodology |
| title_full_unstemmed | Analysis of the inflation structure of Spanish regions:The Ball and Mankiw methodology |
| title_short | Analysis of the inflation structure of Spanish regions:The Ball and Mankiw methodology |
| title_sort | analysis of the inflation structure of spanish regions the ball and mankiw methodology |
| topic | Inflation distribution of price changes variability skewness kurtosis |
| url | http://www.aecr.org/images/ImatgesArticles/2007/03%20Caraballo.pdf |
| work_keys_str_mv | AT mariaangelescaraballo analysisoftheinflationstructureofspanishregionstheballandmankiwmethodology AT carlosusabiaga analysisoftheinflationstructureofspanishregionstheballandmankiwmethodology |