Conditional Relative Price Variance and Its Determinants: Open Economy Evidence from Germany

1 February 1991

journal article
Published by JSTOR in International Economic Review

Vol. 32 (1) , 195
https://doi.org/10.2307/2526940

Abstract

We present empirical tests of two hypothesis derived from an open economy version of the multimarket equilibrium model. The first hypothesis holds that the cond...

Keywords

GERMANY
ECONOMY EVIDENCE
OPEN ECONOMY
RELATIVE PRICE VARIANCE
CONDITIONAL RELATIVE PRICE

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