Álvarez, Luis J.; Dhyne, Emmanuel; Hoeberichts, Marco M.; … - Banco de España - 2005
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...
