Why Do Prices in Sierra Leone Change So Often? A Case Study Using Micro-level Price Data

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 of prices subject to change is a key... READ MORE...

Publication date: February 2006
ISBN 9781451863130
$15.00

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