We analyse the adjustment of retail and services prices in a period of low inflation, using a set of individual price … data from the German Consumer Price Index which covers the years 1998 to 2003. We strong find evidence of time- and state …-dependent price adjustment. Most importantly, the differences in unconditionalʺ sectoral price flexibility are found to be linked to …

indices that correctly reflect the true price movements of IT products. This paper assesses the differences between … traditional and quality adjusted indices by providing results for PC hardware. Transaction price data for the period from 1985 to … 1994 are used to construct price indices for personal computers in Germany. The use of hedonic methods allows to correct …

with a theorem: that asymmetric price transmission is sustained up to a certain maximum level which might include the …

Changing product quality poses a challenge for the computation of price indexes, in particular in technologically … matched-model price indexes for personal computer database software. Our database covers the price development in Germany from … capability of executing programs written for the dominant database product, yields a significant price premium. The ability to …