The price-setting behaviour of manufacturing plants is examined using a large panel of monthly surveyed plant- and product-specific prices. The sample shows a high frequency of zero changes, relatively small price changes, and a strong seasonal price-change pattern. The intermittent feature of...

I study individual location, education and work decisions in a dynamic life-cycle model in a developing country. I estimate the model exploiting panel data on migrants and stayers in Burkina Faso, and cross-sectional data on permanent emigrants. Individuals self-select into migration and...

The notion of bounded rationality has received a considerable attention in the midst of debate over the usefulness of various macroeconomic models. In this paper we empirically seek to analyze the baseline New-Keynesian model with heterogeneous agents who may adopt various heuristics used to...

The notion of bounded rationality has received a considerable attention in the midst of debate over the usefulness of various macroeconomic models. In this paper we empirically seek to analyze the baseline New-Keynesian model with heterogeneous agents who may adopt various heuristics used to...

I study individual location, education and work decisions in a dynamic life-cycle model in a developing country. I estimate the model exploiting panel data on migrants and stayers in Burkina Faso, and cross-sectional data on permanent emigrants. Individuals self-select into migration and...