Aksoy, Gulnihal; Bredin, Don; Corcoran, Deirdre; … - In: Credit and Capital Markets – Kredit und Kapital 50 (2017) 1, pp. 3-24
GARCH-M model of inflation and relative price dispersion, we test for the effects of inflation and inflation uncertainty on … relative price dispersion. We obtain two main results: First, inflation affects relative price dispersion positively in the US … the role of inflation uncertainty in explaining relative price dispersion, either for the US or the UK. …