Inflation and Price Dispersion: Evidence from the UK CPI Micro Data

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Huynh, Kim P.; Chu, Ba M.; Jacho-Chavez, David T.; Kryvtsov, Oleksiy; Shane Wood;

We explore the relation between inflation and price dispersion using micro-level consumer prices from the United Kingdom’s Office for National Statistics. We find that on aggregate there is a positive relationship. However, the correlation between inflation and price di... View more
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