{"id":"https://openalex.org/W1508976306","doi":null,"title":"Inflation Thresholds and Relative Price Variability: Evidence from U.S. Cities","display_name":"Inflation Thresholds and Relative Price Variability: Evidence from U.S. Cities","publication_year":2018,"publication_date":"2018-08-24","ids":{"openalex":"https://openalex.org/W1508976306","mag":"1508976306"},"language":"en","primary_location":{"id":"mag:1508976306","doi":null,"is_oa":false,"landing_page_url":"https://www.ijcb.org/journal/ijcb08q3a3.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S9551102","display_name":"International journal of central banking","issn_l":"1815-4654","issn":["1815-4654"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","jufo-1","norway-1","poland-140","russia-white-list-3","vabb-shw"],"host_organization":"https://openalex.org/P4310319808","host_organization_name":"Institute of Electrical and Electronics Engineers","host_organization_lineage":["https://openalex.org/P4310319808"],"host_organization_lineage_names":["Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"International journal of central banking","raw_type":null},"volume":null,"type":"article","indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5102827031","display_name":"Alexander Bick","orcid":"https://orcid.org/0000-0003-1991-5924","observed_orcids":["https://orcid.org/0000-0003-1991-5924"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Alexander Bick","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0003-1991-5924","affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5001775064","display_name":"Dieter Nautz","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Dieter Nautz","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":3.8418,"has_fulltext":false,"cited_by_count":39,"citation_normalized_percentile":{"value":0.93358238,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":98},"biblio":{"volume":"4","issue":"3","first_page":"61","last_page":"76"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11059","display_name":"Market Dynamics and Volatility","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/inflation-threshold","display_name":"inflation threshold","score":0.8029999732971191},{"id":"https://openalex.org/keywords/relative-price-variability","display_name":"relative price variability","score":0.9980000257492065},{"id":"https://openalex.org/keywords/panel-threshold-model","display_name":"panel threshold model","score":0.7599999904632568},{"id":"https://openalex.org/keywords/monetary-policy","display_name":"monetary policy","score":0.6740000247955322},{"id":"https://openalex.org/keywords/american-cities","display_name":"American cities","score":0.6940000057220459}],"concepts":[{"id":"https://openalex.org/C200941418","wikidata":"https://www.wikidata.org/wiki/Q273508","display_name":"Inflation (cosmology)","level":2,"score":0.7890908718109131},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7768827080726624},{"id":"https://openalex.org/C185782297","wikidata":"https://www.wikidata.org/wiki/Q2142538","display_name":"Relative price","level":2,"score":0.7672526240348816},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.5837815999984741},{"id":"https://openalex.org/C185824701","wikidata":"https://www.wikidata.org/wiki/Q1193759","display_name":"Inflation targeting","level":3,"score":0.5603612065315247},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.4691894054412842},{"id":"https://openalex.org/C154815372","wikidata":"https://www.wikidata.org/wiki/Q1140421","display_name":"Real interest rate","level":3,"score":0.4594692885875702},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.4507182240486145},{"id":"https://openalex.org/C31266012","wikidata":"https://www.wikidata.org/wiki/Q6554340","display_name":"Linkage (software)","level":3,"score":0.43765661120414734},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.07136839628219604},{"id":"https://openalex.org/C104317684","wikidata":"https://www.wikidata.org/wiki/Q7187","display_name":"Gene","level":2,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0},{"id":"https://openalex.org/C33332235","wikidata":"https://www.wikidata.org/wiki/Q18362","display_name":"Theoretical physics","level":1,"score":0.0},{"id":"https://openalex.org/C55493867","wikidata":"https://www.wikidata.org/wiki/Q7094","display_name":"Biochemistry","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"mag:1508976306","doi":null,"is_oa":false,"landing_page_url":"https://www.ijcb.org/journal/ijcb08q3a3.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S9551102","display_name":"International journal of central banking","issn_l":"1815-4654","issn":["1815-4654"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","jufo-1","norway-1","poland-140","russia-white-list-3","vabb-shw"],"host_organization":"https://openalex.org/P4310319808","host_organization_name":"Institute of Electrical and Electronics Engineers","host_organization_lineage":["https://openalex.org/P4310319808"],"host_organization_lineage_names":["Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"International journal of central banking","raw_type":null},{"id":"pmh:oai:RePEc:ijc:ijcjou:y:2008:q:3:a:3","doi":null,"is_oa":false,"landing_page_url":"http://www.ijcb.org/journal/ijcb08q3a3.htm","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8","score":0.49000000953674316}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":31,"referenced_works":["https://openalex.org/W1540990355","https://openalex.org/W1543917452","https://openalex.org/W1588639706","https://openalex.org/W1981991112","https://openalex.org/W1988086769","https://openalex.org/W1989648918","https://openalex.org/W1996001753","https://openalex.org/W2012423731","https://openalex.org/W2024108674","https://openalex.org/W2032065642","https://openalex.org/W2038386960","https://openalex.org/W2041082256","https://openalex.org/W2054625495","https://openalex.org/W2072309817","https://openalex.org/W2073385138","https://openalex.org/W2081908573","https://openalex.org/W2082839717","https://openalex.org/W2090021791","https://openalex.org/W2107741948","https://openalex.org/W2112062416","https://openalex.org/W2118518954","https://openalex.org/W2125534266","https://openalex.org/W2136424179","https://openalex.org/W2139225727","https://openalex.org/W2144395073","https://openalex.org/W2890450911","https://openalex.org/W3121775138","https://openalex.org/W3123948763","https://openalex.org/W3124272832","https://openalex.org/W3125042881","https://openalex.org/W3125300120"],"related_works":["https://openalex.org/W2036914897","https://openalex.org/W2488095138","https://openalex.org/W2139543719","https://openalex.org/W1863852236","https://openalex.org/W2163639681","https://openalex.org/W7097972574","https://openalex.org/W2921112363","https://openalex.org/W2256090718","https://openalex.org/W2138806195","https://openalex.org/W2946136267"],"abstract_inverted_index":{"The":[0,72],"impact":[1,96],"of":[2,16,34,43,68,75],"inflation":[3,36,60,69,76,82,105],"on":[4,25,70,77,97],"relative":[5,98],"price":[6],"variability":[7],"(RPV)":[8],"is":[9,79,83],"an":[10],"important":[11],"channel":[12],"for":[13],"real":[14],"effects":[15,67],"inflation.":[17],"With":[18],"a":[19,40],"view":[20],"to":[21,48],"the":[22,26,50],"recent":[23],"debate":[24],"Federal":[27],"Reserve\u2019s":[28],"implicit":[29],"lower":[30],"and":[31,62,65,111],"upper":[32],"bounds":[33],"its":[35],"objective,":[37],"we":[38],"introduce":[39],"modified":[41],"version":[42],"Hansen\u2019s":[44],"panel":[45],"threshold":[46],"model":[47],"explore":[49],"inflation-RPV":[51],"linkage":[52],"in":[53],"U.S.":[54,104],"cities.":[55],"We":[56],"find":[57],"two":[58],"significant":[59],"thresholds":[61],"both":[63],"positive":[64],"negative":[66],"RPV.":[71],"smallest":[73],"effect":[74],"RPV":[78],"ensured":[80],"if":[81],"low":[84],"but":[85],"well":[86],"above":[87],"zero.":[88],"If":[89],"monetary":[90],"policy":[91],"aims":[92],"at":[93],"minimizing":[94],"inflation\u2019s":[95],"prices,":[99],"our":[100],"estimates":[101],"suggest":[102],"that":[103],"should":[106],"range":[107],"between":[108],"1.8":[109],"percent":[110],"2.8":[112],"percent.":[113]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":4},{"year":2018,"cited_by_count":2},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":2},{"year":2015,"cited_by_count":2},{"year":2014,"cited_by_count":2},{"year":2013,"cited_by_count":2},{"year":2012,"cited_by_count":4}],"updated_date":"2026-09-26T08:19:03.415552","created_date":"2016-06-24T00:00:00"}
