Showing 1 - 10 of 21
This paper presents original evidence on price setting in the euro area at the individual level. We use micro data on consumer (CPI) and producer (PPI) prices, as well as survey information. Our main findings are: (i) prices in the euro area are sticky and more so than in the US; (ii) there is...
Persistent link: https://www.econbiz.de/10005083100
with problems of measuring inflation in Gerrnany. This paper met with a lively response. The Research Group of the …
Persistent link: https://www.econbiz.de/10010470805
with problems of measuring inflation in Gerrnany. This paper met with a lively response. The Research Group of the …
Persistent link: https://www.econbiz.de/10010478854
45% decreases and 55% increases. Fifth, price changes are sizeable compared to the inflation rate. The paper also … examines the factors driving producer price changes. It finds that costs structure, competition, seasonality, inflation and …
Persistent link: https://www.econbiz.de/10005083277
We analyse the adjustment of retail and services prices in a period of low inflation, using a set of individual price …
Persistent link: https://www.econbiz.de/10005083071
In this paper, we review the German practice of imputing the costs of owner-occupied housing by increasing the relative weight of actual rents in the CPI. As the structure of owner-occupied housing differs substantially from that of rental housing, this variant of the imputation method may cause...
Persistent link: https://www.econbiz.de/10005083156
In several studies, hedonic methods have been used successfully for the ex post assessment of the accuracy of inflation … might induce a substantial distortion in overall inflation measurement. On the basis of data from the German Socio … is some evidence of an understatement of rent inflation in the official rent index for West Germany at the beginning of …
Persistent link: https://www.econbiz.de/10005083285
Persistent link: https://www.econbiz.de/10000882741