@techreport{Stahl2006Price,
abstract = {This paper presents new evidence on the formation of producer prices. The database combines a one-time survey that was conducted in June 2004 on a sample of 1,200 firms in manufacturing and time-series information on price adjustment of the same firms from a business-tendency survey. The share of time-dependent price setters amounts to 20 per cent. Neither Taylor nor Calvo type price setting describes their price adjustment well. Only a few firms are forward-looking, the majority relies on contemporaneous and past information.},
author = {Harald Stahl},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {E30; D40; 330; Price rigidity; sticky information; survey data; Preisrigidit\"{a}t; Industrieprodukt; Industriepreisindex; Sch\"{a}tzung; Deutschland},
language = {eng},
number = {2006,46},
title = {Price adjustment in German manufacturing: evidence from two merged survey},
type = {Discussion paper Series 1 / Volkswirtschaftliches Forschungszentrum der Deutschen Bundesbank},
url = {http://hdl.handle.net/10419/19675},
year = {2006}
}
