we find that there exists a robust positive relationship between the price paid and the number of store visited. We argue …

price regulation by conforming to customers’ and authorities’ expectations. It is argued that utilities can meet …’ price setting schemes are insensitive to customer complaints, they are significantly influenced by the passive monitoring by …

compares price inflation before the crisis with the necessary and actual price cuts that have taken place since the outbreak of … the crisis, predicting a decade of stagnation for the south and inflation for the north. Keynesian demand policy is …

repression in domestic interest rates—to avoid an avalanche of foreign capital inflows that would threaten inflation and asset … price bubbles by driving nominal interest rates on RMB assets down further. Because a floating (appreciating) exchange rate …

, in turn, the effect of RMB-induced US import price fluctuations on US producer prices is established. In a panel spanning … import prices only to a small extent, it may have a substantial impact on inflation, as it exerts a sizeable impact on the …

economy. While about half of all studies for the United States find a significant effect of unemployment and inflation on … choice of the sample period is of crucial importance. While in the very long run we find unemployment, inflation and the …

The sovereign debt crisis has made it clear that central banking is more than keeping inflation low. Central banks are …

This study evaluates the role market competition plays in determining inflation based on sector-level data from OECD … countries. In theory, trade openness can affect inflation through changes in market competitiveness and productivity … of market competition. This study shows that inflation decreases with greater market competitiveness even after …

economic reform, economic growth and, with a delay, on investment and institutional change. Episode of high inflation, moreover …, translate into lower subsequent inflation. Crises thus appear to serve as catalysts of reform and institutional change and lead …

contracts and positive inflation. Workers with relatively low incomes experience envy, whereas those with relatively high … incomes experience guilt. The former seek to raise their income, and latter seek to reduce it. The greater the inflation rate …, a rise in the inflation rate leads workers to supply more labor over the contract period, generating a significant …