Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/185917 
Autor:innen: 
Erscheinungsjahr: 
2009
Quellenangabe: 
[Journal:] Swiss Journal of Economics and Statistics [ISSN:] 2235-6282 [Volume:] 145 [Issue:] 3 [Publisher:] Springer [Place:] Heidelberg [Year:] 2009 [Pages:] 293-349
Verlag: 
Springer, Heidelberg
Zusammenfassung: 
This paper investigates the price setting behaviour of firms based on the individual price quotes underlying the Swiss consumer price index. The data set covers the years from 1993 to 2005. Six main findings emerge from the analysis. (i) Prices are sticky. (ii) The price setting behavior is heterogeneous across sectors and outlet characteristics. (iii) Price changes are sizeable. (iv) There is no indication of general downward price stickiness. (v) Firms respond to expected cost shocks at the date of their occurrence. (vi) There is some evidence that firms adjust their behaviour according to the state of the economy.
Schlagwörter: 
CPI data
price-setting
frequency of price changes
nominal price rigidity
time-dependent pricing
state-dependent pricing
JEL: 
E31
D40
Persistent Identifier der Erstveröffentlichung: 
Creative-Commons-Lizenz: 
cc-by Logo
Dokumentart: 
Article

Datei(en):
Datei
Größe
323.02 kB





Publikationen in EconStor sind urheberrechtlich geschützt.