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The Behaviour of Producer Prices : Some Evidence from the French Ppi Micro Data

Gautier, Erwan - 2021

This paper provides some new empirical features on price setting behaviour for French producers using micro data underlying the producer and business-services price indices over the period 1994-2005. Some crucial methodological issues on the collection of producer prices are raised. Then, the...

Persistent link: https://www.econbiz.de/10013317339

Retail Market Structure and Consumer Prices in the Euro Area

Ciapanna, Emanuela - 2014

We investigate the empirical relationship between product market competition and prices in the retail grocery sector in the Euro area. The study uses micro-data from ACNielsen on chain stores' census characteristics and price levels for a broad variety of products. We construct...

Persistent link: https://www.econbiz.de/10013043790

Estimating the Impact of Quality Adjustment on Consumer Price Inflation

Menz, Jan-Oliver; Wieland, Elisabeth; Mehrhoff, Jens - 2023

How much does quality adjustment matter in measuring consumer price inﬂation? To address this question, we use diﬀerent sources of micro and macro price data for Germany and the euro area. For Germany, we ﬁnd that quality adjustment applies to a large range of goods and services but, on...

Persistent link: https://www.econbiz.de/10014257781

New Evidence on Elementary Index Bias

Gábor-Tóth, Eniko - 2014

compared with the Fisher Ideal index to quantify elementary index bias. Across product categories, mean levels of annual … elementary index bias vary between -0.53 percentage points and 0.55 percentage points depending on the index, while the standard … average effect of elementary index bias on national inflation ranges from -0.45 to 0.45 percentage points depending on the …

Persistent link: https://www.econbiz.de/10013040610

Within- and Cross-Country Price Dispersion in the Euro Area

Reiff, Adam - 2014

Using a comprehensive data set on retail prices across the euro area, we analyse within- and cross-country price dispersion in European countries. First, we study price dispersion over time, by investigating the time-series evolution of the coefficient of variation, calculated from price levels....

Persistent link: https://www.econbiz.de/10013043739

Price Level Changes and the Redistribution of Nominal Wealth Across the Euro Area

Adam, Klaus - 2015

We show that unexpected price level movements generate sizable wealth redistribution in the Euro Area (EA), using sectoral accounts and newly available data from the Household Finance and Consumption Survey. The EA as a whole is a net loser of unexpected price level decreases, with Italy,...

Persistent link: https://www.econbiz.de/10013014616

Wage and Price Dynamics in Portugal

Marques, Carlos Robalo - 2009

This paper investigates the persistence of aggregate wages and prices in Portugal assuming a model of a unionized economy with imperfect competition. An impulse response analysis is conducted where the structural shocks are identified by taking into account the long-run properties of the model,...

Persistent link: https://www.econbiz.de/10012766215

Distortionary Taxation, Debt, and the Price Level

Thadden, Leopold von; Schabert, Andreas - 2021

This paper considers the nominal and real determinacy of equilibria under an exogenously specified path of interest rates in an economy in which taxation is either lump-sum or distortionary. Under lump-sum taxation, we confirm the well-known finding that equilibria display nominal (in)...

Persistent link: https://www.econbiz.de/10013318109

Price setting behaviour in Spain: evidence from micro PPI data

Álvarez, Luis J.; Burriel, Pablo; Hernando, Ignacio - 2005

This paper identifies the basic features of price setting behaviour at the producer level in the Spanish economy using a large dataset containing the micro data underlying the construction of the PPI over the period 1991-1999. It explores how these general features are affected by some specific...

Persistent link: https://www.econbiz.de/10011604568

How frequently do consumer prices change in Austria? Evidence from micro CPI data

Baumgartner, Josef; Glatzer, Ernst; Rumler, Fabio; … - 2005

Based on individual price records collected for the computation of the Austrian CPI, average frequencies of price changes and durations of price spells are estimated to characterize price setting in Austria. Depending on the estimation method, prices are unchanged for 10 to 14 months on average....

Persistent link: https://www.econbiz.de/10011604569