considerable heterogeneity between sectors and price changes occur less frequently when measured by the average for individual … products. Second, the probability of price changes is not constant over time: prices are most likely to change one, four and … twelve months after they were previously set. Third, the distribution of price changes is wide, although a significant number …

considerable heterogeneity between sectors and price changes occur less frequently when measured by the average for individual … products. Second, the probability of price changes is not constant over time: prices are most likely to change one, four and … twelve months after they were previously set. Third, the distribution of price changes is wide, although a significant number …

are excluded. Second, the probability of price changes is not constant over time. Third, goods prices change more … frequently than services prices. Fourth, the distribution of price changes is wide, although a significant number of changes are …