Döpke, Jörg; Pierdzioch, Christian - In: Journal of Economics and Statistics (Jahrbuecher fuer … 223 (2003) 2, pp. 136-158
The paper uses German annual data covering the period 1969-2000 to present evidence on the link between aggregate inflation and the skewness of the distribution of relative price changes. Our empirical results are mixed. Our regression-based analyses suggest that the skewness of the distribution...