Relative Price Convergence in Russia

48 Pages Posted: 15 Feb 2006

See all articles by Paula De Masi

Paula De Masi

affiliation not provided to SSRN

Vincent Koen

Organization for Economic Co-Operation and Development (OECD)

Date Written: May 1995

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 Classification: E31, P22, R32

Suggested Citation

De Masi, Paula and Koen, Vincent, Relative Price Convergence in Russia (May 1995). Available at SSRN: https://ssrn.com/abstract=883202 or http://dx.doi.org/10.2139/ssrn.883202

Paula De Masi (Contact Author)

affiliation not provided to SSRN

No Address Available

Vincent Koen

Organization for Economic Co-Operation and Development (OECD) ( email )

2 rue Andre Pascal
Paris Cedex 16, 75775
France

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