期刊名称：Discussion Papers / University of Leicester, Department of Economics
出版年度：2004
卷号：2004
出版社：Leicester
摘要：In this paper, we investigate the impact of market structure on the relationship
between inflation and price dispersion. We first propose a new empirical model
of the relationship between inflation and dispersion with firmer theoretical
foundations, and then extend the basic model to incorporate the potential
effects of market structure. We estimate the basic and market structure
specifications using a unique micro-level data set from Istanbul, which consists
of monthly price observations from three different store types: convenience
stores, open-air markets, and supermarkets. Our empirical findings support
almost all of the basic and market structure predictions.
