Aucremanne, Luc; Dhyne, Emmanuel - Nationale Bank van België/Banque national de Belqique (BNB) - 2004
This paper examines the degree of price rigidity in Belgian consumer prices, using a large database. As to the observed …. Each month, nearly 17 p.c. of the consumer prices change on average and the median duration of a price spell is close to 13 …