scholarly journals Price-setting behaviour in Switzerland: Evidence from CPI micro data

2009 ◽  
Vol 145 (3) ◽  
pp. 293-349 ◽  
Author(s):  
Daniel Kaufmann
Keyword(s):  
Price Setting ◽  
Micro Data

What Quantitative Micro Data Reveal about Price Setting Behavior

2007 ◽  
pp. 218-232 ◽  
Author(s):  
Roberto Sabbatini ◽  
Luis J. Álvarez ◽  
Emmanuel Dhyne ◽  
Marco Hoeberichts ◽  
Hervé Le Bihan ◽  
...  
Keyword(s):  
Price Setting ◽  
Micro Data

scholarly journals Time or State Dependent Price Setting Rules? Evidence from Portuguese Micro Data

2005 ◽  
Author(s):  
Daniel Dias ◽  
Carlos Manuel Robalo Marques ◽  
João M.C Santos Silva
Keyword(s):  
Price Setting ◽  
Micro Data ◽  
State Dependent

scholarly journals The price setting behavior in Colombia: evidence from PPI micro data

2008 ◽  
Author(s):  
Juan Manuel Julio-Román ◽  
Hector Manuel Zárate-Solano
Keyword(s):  
Price Setting ◽  
Micro Data

Price setting behaviour in Spain: Evidence from consumer price micro-data

2006 ◽  
Vol 23 (4) ◽  
pp. 699-716 ◽  
Author(s):  
Luis J. Álvarez ◽  
Ignacio Hernando
Keyword(s):  
Price Setting ◽  
Micro Data

scholarly journals Inflation Dynamics and Time-Varying Volatility: New Evidence and an Ss Interpretation *

2013 ◽  
Vol 129 (1) ◽  
pp. 215-258 ◽  
Author(s):  
Joseph Vavra
Keyword(s):  
Monetary Policy ◽  
Output Growth ◽  
Time Varying ◽  
Real Output ◽  
Price Setting ◽  
Micro Data ◽  
Real Effects ◽  
High Volatility ◽  
Price Flexibility ◽  
New Evidence

Abstract Is monetary policy less effective at increasing real output during periods of high volatility than during normal times? In this article, I argue that greater volatility leads to an increase in aggregate price flexibility so that nominal stimulus mostly generates inflation rather than output growth. To do this, I construct price-setting models with “volatility shocks” and show these models match new facts in CPI micro data that standard price-setting models miss. I then show that these models imply that output responds less to nominal stimulus during times of high volatility. Furthermore, because volatility is countercyclical, this implies that nominal stimulus has smaller real effects during downturns. For example, the estimated output response to additional nominal stimulus in September 1995, a time of low volatility, is 55% larger than the response in October 2001, a time of high volatility.

scholarly journals Time- or state-dependent price setting rules? Evidence from micro data

2007 ◽  
Vol 51 (7) ◽  
pp. 1589-1613 ◽  
Author(s):  
D.A. Dias ◽  
C. Robalo Marques ◽  
J.M.C. Santos Silva
Keyword(s):  
Price Setting ◽  
Micro Data ◽  
State Dependent
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