Fougère, Denis; Le Bihan, Hervé; Sevestre, Patrick - C.E.P.R. Discussion Papers - 2005
This paper examines heterogeneity in price stickiness using a large, original, set of individual price data collected at the retail level for the computation of the French CPI. For that purpose, we estimate at a very high level of disaggregation competing-risks duration models that distinguish...