Benkovskis, Konstantins; Fadejeva, Ludmila; … - In: Economic Modelling 29 (2012) 6, pp. 2115-2124
This paper discovers the driving forces behind Latvian firms' decisions to adjust prices by using various panel logit models, which explain the probability of observing price change by a broad set of exogenous variables. The results show that the consumer price formation in Latvia is a...