changes does not change much with inflation and does not react much to aggregate shocks; (vi) changes in inflation are mostly … consistent with the predictions of a menu cost model in a low inflation environment where idiosyncratic shocks are a more …

changes does not change much with inflation and does not react much to aggregate shocks; (vi) changes in inflation are mostly … consistent with the predictions of a menu cost model in a low inflation environment where idiosyncratic shocks are a more …

datasets collected in a period with relatively low and stable inflation. First, price changes are infrequent in the core … change is smaller, but nevertheless larger than inflation. Third, price setting is mildly state-dependent: the probability of … in aggregate inflation, which instead mainly reflected shifts in the average size of price changes. Consistent with …

-to-consumer ecommerce for prices and inflation in the euro area. It highlights three key results. First, whether online prices and inflation …. Moreover, properly selected online prices track official inflation indices even in real time. Second, the effect of e …-commerce on inflation appears to be transient and differs between countries. However, as the penetration of some markets is still …