Álvarez, L.; Dhyne, E.; Hoeberichts, M.; Kwapil, C.; … - Banque de France - 2005
This paper presents original evidence on price setting in the euro area at the individual level. We use micro data on … sticky and more so than in the US; (ii) there is evidence of heterogeneity and of asymmetries in price setting behaviour …; (iii) downward price rigidity is only slightly more marked than upward price rigidity and (iv) implicit or explicit …
