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 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

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

The Determinants of Sticky Prices and Sticky Plans: Evidence from German Business Survey Data

2014 ◽  
Vol 15 (3) ◽  
pp. 353-373 ◽  
Author(s):  
Heike Schenkelberg
Keyword(s):  
Survey Data ◽  
State Dependence ◽  
Empirical Literature ◽  
Price Setting ◽  
Firm Level ◽  
Data Set ◽  
Price Increases ◽  
Business Survey Data ◽  
State Dependent ◽  
Business Survey

Abstract So far, there is no consensus on the price adjustment determinants in the empirical literature. Analyzing a novel firm-level business survey data set, we provide new insights on the price setting behavior of German retailers during a low inflation period. Relating the probability of both price and pricing plan adjustment to time- and state-dependent variables, we find that state-dependence is important; the macroeconomic environment as well as the firm-specific condition significantly determines the timing of both actual price changes and pricing plan adjustments. Moreover, input cost changes are important determinants of price setting. Finally, price increases respond more strongly to cost shocks compared to price decreases.

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 Price-Setting in Ukraine: Evidence from Online Prices

2019 ◽  
pp. 4-10
Author(s):  
Anastasiia Antonova
Keyword(s):  
Hazard Function ◽  
Price Change ◽  
Price Setting ◽  
Average Price ◽  
Price Changes ◽  
Homogeneous Groups ◽  
State Dependent ◽  
Setting Mechanism ◽  
Price Duration ◽  
The Mean

This study examines price duration and price-setting mechanisms in Ukraine using web-scraped prices. I found that the mean average duration of prices is about 2 months. Average price duration is lower for those products that are more exposed to temporary price changes (sales). Moreover, imported goods have a higher average price duration compared to domestic goods. In terms of the price-setting mechanism, the data supports timedependent price setting behavior over state-dependent. The evidence of time-dependent price setting is 1) the size of price change being positively related to the age of price; 2) many price changes of a size close to zero; and 3) the hazard function being non-increasing for the whole sample and tends to be flatter within relatively homogeneous groups of products.

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