Tena, Juan de Dios - In: Applied Economics Quarterly (formerly: Konjunkturpolitik) 52 (2006) 3, pp. 19-29
This paper documents and analyses output and price reactions to monetary shocks for 13 manufacturing sectors in the UK. It is found that market share turns out to be a key variable for explaining heterogeneity of industrial price adjustment to monetary shocks in the sense that firms in...