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Persistent link: https://www.econbiz.de/10003353536
This paper summarises the vast evidence on micro price-setting recently obtained for euro area countries. We consider studies with micro data on consumer and producer prices, as well as survey information. The main findings are: (1) prices in the euro area are sticky and stickier than in the US;...
Persistent link: https://www.econbiz.de/10005690493