Relative Price Convergence in Russia

Paula De Masi and Vincent Koen ()
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Paula De Masi: International Monetary Fund

IMF Staff Papers, 1996, vol. 43, issue 1, 97-122

Abstract: Following price and exchange rate liberalization, domestic consumer prices in Russia moved closer to market levels. This paper quantifies the magnitude of the associated relative price changes. It also shows that relative price variability has been positively correlated with inflation. It is further established that convergence toward international relative and absolute price levels is far from complete, and that geographical price dispersion within Russia has declined since early 1992 but remains fairly high.

JEL-codes: E31 P22 R32 (search for similar items in EconPapers)
Date: 1996
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Working Paper: Relative Price Convergence in Russia (1995)
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Persistent link: https://EconPapers.repec.org/RePEc:pal:imfstp:v:43:y:1996:i:1:p:97-122

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