Dhyne, Emmanuel; Konieczny, Jerzy; Rumler, Fabio; … - Directorate-General Economic and Financial Affairs, … - 2009
the frequency of price changes and on the degree of price rigidity (prices are defined as being rigid in the study if they … (prices only adjust partially to changes in demand and costs that have significant effects on the optimal price) and extrinsic … price rigidity (prices do not adjust because demand and costs are stable and the optimal price does not vary a lot). Making …