Inflation an Asymmetric Price Adjustment.

This paper uses a unique micro data set to test for the presence of price asymmetries at the firm level. We find that firm pricing is indeed asymmetric, as Tobin (1972) suggested. Moreover, there is strong evidence to support Ball and Mankiw's (1994) suggestion that firm price asymmetry is dependent on inflation.

MoreLess

Year of publication:	1996
Authors:	Buckle, R-A ; Carlson, J-A
Institutions:	Krannert School of Management, Purdue University
Subject:	INFLATION \| PRICING

Check Google Scholar |

More access options

In German libraries (KVK)

I need help

More details

Series:	Purdue University, Krannert School of Management - Center for International Business Education and Research (CIBER).
Type of publication:	Book / Working Paper
Notes:	32 pages
Classification:	D40 - Market Structure and Pricing. General ; E31 - Price Level; Inflation; Deflation
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005664281