Dubois, Éric; Fauvet, Laurent; Bonnet, Xavier - In: Revue Économique 50 (1999) 3, pp. 547-556
[eng] The existence of menu costs at firm level must lead at macroeconomic level to a positive correlation between inflation and the skewness of the distribution of relative prices. For French data, this prediction turns true. The positive correlation which appears between inflation and skewness...