Economics, Econometrics and Finance
4 years ago

Inflation and Economic Activity Drive Price Variability in Greek Agriculture.

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SSRN Electronic Journal
The Relationship between Macroeconomic Variables and Relative Price Variability in Greek Agriculture
Ioanna Reziti

Paper Summary

The study looked at how changes in inflation and economic activity affect price variability in Greek agriculture from 1962 to 1997. They found that when inflation and economic activity go up, prices for agricultural products become more variable. Expected inflation also plays a big role in explaining why prices change a lot.

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