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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Kovanen, Arto
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2006.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2006/053
ऑनलाइन पहुंच:Full text available on IMF
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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 Arto Kovanen. 
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300 |a 1 online resource (29 pages) 
490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |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. 
538 |a Mode of access: Internet 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2006/053 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2006/053/001.2006.issue-053-en.xml  |z IMF e-Library