(WDN) on patterns of firm-level adjustment to shocks. We document that the relative intensity and the character of price vs …

movements in import price inflation affect CPI inflation while the impact of movements in the common component of the output gap …-commodity import price inflation have held down overall inflation in many countries in recent years whereas commodity import price …

an effect on the output volatility of firms. We use large representative firm-level databases from Estonia, Hungary …

This paper studies euro changeover-related inflation using disaggregated price level data. The difference …-in-differences approach is used and the control group for the treatment country, Estonia, is built from 12 euro area countries. The Nielsen … Company disaggregated price data are employed at product, brand and shop-type level. The results indicate that while the …

, Poland, and a small open economy with increased flexibility, Estonia, we document and find support for our claim … and persistent unemployment compared to Estonia during the period of EU enlargement …

requirements of jobs in Estonia during the years 1997-2003. We find large wage penalties associated with the phenomenon of …

We analyse the adjustment of retail and services prices in a period of low inflation, using a set of individual price … data from the German Consumer Price Index that covers the years 1998 to 2003. We strong find evidence of time- and state …-dependent price adjustment. Most importantly, the differences in quot;unconditionalquot; sectoral price flexibility are found to be …