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Why do prices in Sierra Leone change so often? : a case study using micro-level price data /

We use cross-section and time-series techniques to analyze pricing behavior in Sierra Leone. In cross-sectional data, we find that inflation volatility and product diversification are the main factors explaining differences in the frequency of price adjustments. We show that variance in the fraction...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Kovanen, Arto (Autor)
Autor Corporativo: International Monetary Fund. African Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, African Dept., 2006.
Colección:IMF working paper ; WP/06/53.
Temas:
Acceso en línea:Texto completo

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245 1 0 |a Why do prices in Sierra Leone change so often? :  |b a case study using micro-level price data /  |c [prepared by] Arto Kovanen. 
260 |a [Washington, D.C.] :  |b International Monetary Fund, African Dept.,  |c 2006. 
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490 1 |a IMF working paper ;  |v WP/06/53 
504 |a Includes bibliographical references. 
520 |a We use cross-section and time-series techniques to analyze pricing behavior in Sierra Leone. In cross-sectional data, we find that inflation volatility and product diversification are the main factors explaining differences in the frequency of price adjustments. We show that variance in the fraction of prices subject to change is a key determinant of inflation volatility in Sierra Leone, indicating that retail prices are sensitive to economic events. We explain variations in this fraction over time with past inflation and monetary growth, which are important policy variables. 
588 0 |a Print version record. 
505 0 |a Contents -- I. Introduction -- II. Empirical Studies on Pricing Behavior -- III. Some Stylized Factsâ€?Cross-Sectional Evidence -- IV. What Explains the High Frequency of Price Changes? -- V. What Determines the Frequency of Price Changes Over Time? -- VI. Conclusions -- References -- APPENDIX 
590 |a ProQuest Ebook Central  |b Ebook Central Academic Complete 
650 0 |a Inflation (Finance)  |z Sierra Leone  |x Econometric models. 
650 0 |a Pricing  |z Sierra Leone  |x Econometric models. 
650 6 |a Inflation  |z Sierra Leone  |x Modèles économétriques. 
650 6 |a Prix  |x Fixation  |z Sierra Leone  |x Modèles économétriques. 
650 7 |a Inflation (Finance)  |x Econometric models  |2 fast 
650 7 |a Pricing  |x Econometric models  |2 fast 
651 7 |a Sierra Leone  |2 fast  |1 https://id.oclc.org/worldcat/entity/E39PBJgCPdTtkJj9bqdWtyM773 
710 2 |a International Monetary Fund.  |b African Department. 
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830 0 |a IMF working paper ;  |v WP/06/53. 
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