Showing 1 - 10 of 34
This paper discusses a wide range of indicators of the degree of integration of the euro area banking system. It is concerned with volume data, a less developed field of research compared with studies on prices/rates. We first set out a methodological framework, a mixture of elementary and more...
Persistent link: https://www.econbiz.de/10009636523
price-setting behavior of French manufacturing companies. Prices are found to adjust infrequently; the median firm modifies … its price only once a year. Price reviews are more frequent than price changes; the median firm reviews its price … of price reviews depends on the probability that changes in the firms’ environment occur. Coordination failure and …
Persistent link: https://www.econbiz.de/10009639484
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assess the influence of the 2006 reform of the EU sugar regime on price transmission in the sugar sector. The investigations … to be carried out had to focus on the different types of transmission of price changes, studying the reasons for any … uneven or asymmetric price transmission between sugar producers and final consumers, and taking into account the intermediate …
Persistent link: https://www.econbiz.de/10011439219
speed at which price shocks are transmitted across membersu0092 goods markets. This paper investigates part of this … mechanism and finds that monetary union may indeed result in faster cross-border transmission of price movements via the import … and export price channel which, in turn, would tend to homogenise price movements across the member countries of a …
Persistent link: https://www.econbiz.de/10009635969
This paper examines the degree of price rigidity in Belgian consumer prices, using a large database. As to the observed …. Each month, nearly 17 p.c. of the consumer prices change on average and the median duration of a price spell is close to 13 … timedependency exists as well. The majority of price changes are price increases, but price decreases are not uncommon, except for …
Persistent link: https://www.econbiz.de/10009636700
This study examines price setting behaviour of Italian firms on the basis of the results of a survey conducted by Banca … services where price discrimination across customers matters. Rival prices mostly affect pricesetting strategies in industrial …-dependent ones. Concerning the frequency of price adjustments, a considerable degree of stickiness emerges both at the stage in which …
Persistent link: https://www.econbiz.de/10009636703
This paper identifies the basic features of the price setting mechanism in the Spanish economy, using a large dataset … that contains over 1.1 million price records and covers around 70% of the expenditure on the CPI basket. In particular, the … paper identifies differences in the frequency and size of price adjustments across types of products and explores how these …
Persistent link: https://www.econbiz.de/10009639476
through of changes in the effective exchange rate of the euro to the price of extra-euro area imports of manufactures is …
Persistent link: https://www.econbiz.de/10009639848