The paper develops a natural measure of the amount of relative price variability. The variance of relative price change is shown to be correlated with the rate of change in the price level using data ...

Jeffrey S. Simonoff, The Relative Importance of Bias and Variability in the Estimation of the Variance of a Statistic, Journal of the Royal Statistical Society. Series D (The Statistician), Vol. 42, ...

Using a consistent dataset and methodology for all eight member countries of the West African Economic and Monetary Union (WAEMU) from 1994 to 2009, this paper provides evidence of the two major ...