Apel, Mikael; Friberg, Richard; Hallsten, Kerstin - 2001
This paper reports the results from a survey on price-setting behavior of a large random sample of Swedish firms …. Prices are found to adjust only infrequently; the median firm adjusts the price once a year. State-dependent pricing is found … research, four of the theories of price rigidity are ranked by the respondents among the top-five places in all three studies. …