European Science Journals: EOJNSS, JAELT, more to come...

European Online Journal of Natural and Social Sciences

Analysis of the Effects of Relative Price Changes as Supply Shocks on Inflation in Iran

Akbar Komijani, Majid Ahmadlu, Kambiz Hozhabr Kiani, Farhad Ghaffari


This paper analyses the effects of relative price changes dispersion and skewness as aggregate supply shocks on inflation in iran. For this purpose, we used total and state urban price index, for period 2004-2012 and arellano and bover (1995), Blundell and Bond (1998) method. The results show that relative price changes dispersion and skewness have positive and significant effect on inflation. In addition, the interaction between the dispersion and skewness has negative effect on inflation.


Inflation, relative price changes dispersion and skewness, dynamic panel data approach

Full Text: PDF


  • There are currently no refbacks.