Lach, Saul; Tsiddon, Daniel - In: Journal of Political Economy 100 (1992) 2, pp. 349-89
This paper analyzes the effects of inflation on the dispersion of prices, and other aspects of price behavior, using … disaggregated data on prices of foodstuffs in Israel during 1978-84. The authors find that expected inflation has a stronger effect … on intramarket price variability than unexpected inflation. They show that even in times of high inflation price …