Similar Search Results

Heterogeneity in consumer price stickiness: a microeconometric investigation

Fougère, Denis; Le Bihan, Hervé; Sevestre, Patrick - 2005

This paper examines heterogeneity in price stickiness using a large, original, set of individual price data collected …. The main findings are the following: i ) cross-product and cross-outlet-type heterogeneity in both the shape of the hazard …

Persistent link: https://www.econbiz.de/10011604582

Heterogeneity in Consumer Price Stickiness: A Microeconometric Investigation.

Fougère, D.; Le Bihan, H.; Sevestre, P. - Banque de France - 2005

This paper examines heterogeneity in price stickiness using a large, original, set of individual price data collected …. The main .ndings are the following: i) cross-product and cross-outlet-type heterogeneity in both the shape of the hazard …

Persistent link: https://www.econbiz.de/10005056515

Price Setting Behavior and Hazard Functions: Evidence from Japanese CPI Micro Data

Ikeda, Daisuke; Nishioka, Shinichi - Bank of Japan - 2007

price hazard functions by the finite mixture model with multiple spells allowing the heterogeneity among price setters. Our …

Persistent link: https://www.econbiz.de/10010907493

The Timing of Price Changes and the Role of Heterogeneity

Kaufmann, Daniel - Schweizerische Nationalbank (SNB) - 2009

often find decreasing hazards, possibly due to misspecified or neglected heterogeneity. This paper attempts to disentangle … the downward bias into various sources: observed and unobserved heterogeneity which can be either constant or time … for price changes, we have to (i) control for time-varying heterogeneity in addition to cross-sectional factors and (ii …

Persistent link: https://www.econbiz.de/10008487539

The Timing of Price Changes and the Role of Heterogeneity

Kaufmann, Daniel - Schweizerische Nationalbank (SNB) - 2010

Persistent link: https://www.econbiz.de/10008925067

Price duration using daily online data : time- or state-dependent?

Solórzano, Diego; Arango-Castillo, Lenin - 2024

Using daily retail prices gathered through web scraping in Mexico, we analyze if price changes can be characterized by time-dependent features, like the duration of the price spell, and/or by variables associated with the state of the economy. Through the lens of a duration model, we find...

Persistent link: https://www.econbiz.de/10015051661

Search with wage posting under sticky prices

Foerster, Andrew; Mustre-del-Río, José - 2014

Persistent link: https://www.econbiz.de/10010477713

Monetary Policy in a Currency Union with Heterogeneous Limited Asset Markets Participation

Eser, Fabian - Department of Economics, Oxford University - 2009

and the size of the latter. Taking the heterogeneity into account is thus central for sound policy. Furthermore, due to …

Persistent link: https://www.econbiz.de/10011004476

Price Stickiness and Sectoral Inflation Persistence: Additional Evidence

Le Bihan, H.; Matheron, J. - Banque de France - 2011

In this paper, using US as well as French sectoral data and indicators of price rigidity, we re-examine the (lack of) relation between price stickiness and inflation persistence. This has recently been put forward by Bils and Klenow (2004) as evidence against time-dependent price setting models....

Persistent link: https://www.econbiz.de/10009371434

Monetary Policy in a Currency Union with Heterogeneous Limited Asset Markets Participation

Eser, Fabian - Department of Economics, Oxford University - 2009

and the size of the latter. Taking the heterogeneity into account is thus central for sound policy. Furthermore, due to …

Persistent link: https://www.econbiz.de/10008468984