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http://hdl.handle.net/10419/19628
  

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dc.contributor.authorStahl, Haralden_US
dc.date.accessioned2009-01-28T16:01:34Z-
dc.date.available2009-01-28T16:01:34Z-
dc.date.issued2005en_US
dc.identifier.urihttp://hdl.handle.net/10419/19628-
dc.description.abstractThis paper presents new evidence on the formation of producer prices based on a onetime survey that was conducted on a sample of 1200 German firms in manufacturing in June 2004. Most of the firms have price-setting power and apply mark-up pricing. Indexation is negligible. Fixed nominal contracts are the most important reason for postponing a price adjustment. The second most likely reason is coordination failure, which causes more upward than downward stickiness. For every second firm both reasons are important. Firms can be assigned to four different groups according to an increasing complexity of reasons of price stickiness.en_US
dc.language.isoengen_US
dc.relation.ispartofseriesDiscussion paper Series 1 / Volkswirtschaftliches Forschungszentrum der Deutschen Bundesbank 2005,43en_US
dc.subject.jelD40en_US
dc.subject.jelE30en_US
dc.subject.ddc330en_US
dc.subject.keywordPrice rigidityen_US
dc.subject.keywordcluster analysisen_US
dc.subject.stwVerarbeitendes Gewerbeen_US
dc.subject.stwBetriebliche Preispolitiken_US
dc.subject.stwPreisrigidit├Ąten_US
dc.subject.stwDeutschlanden_US
dc.titlePrice setting in German manufacturing: new evidence from new survey dataen_US
dc.typeWorking Paperen_US
dc.identifier.ppn505753200en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:bubdp1:4237-
Appears in Collections:Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank

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