Weber, Axel A.; Beck, Günter W. - Center for Financial Studies - 2005
Using a set of regional inflation rates we examine the dynamics of inflation dispersion within the U.S.A., Japan and … across U.S. and Canadian regions. We find that inflation rate dispersion is significant throughout the sample period in all … reversion (?- convergence) in inflation rates in all considered samples. The evidence on ?-convergence is mixed, however …