![]() ![]() ![]() (iv) There is no indication of general downward price stickiness even in the case of positive inflation, 41.3% of all price adjustments are decreases and the distributions of price changes do not show substantial asymmetries. (iii) Price changes are sizeable the median absolute size amounts to 9.4%. (ii) Price-setting behaviour is heterogeneous across sectors and outlet characteristics. (i) Prices are sticky the median duration amounts to 4.6 quarters. Six main findings emerge from the analysis. The data set covers the years from 1993 to 2005. This paper investigates price-setting behaviour of firms based on the individual price quotes underlying the Swiss consumer price index. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |