We analyse the adjustment of retail and services prices in a period of low inflation, using a set of individual price … data from the German Consumer Price Index that covers the years 1998 to 2003. We strong find evidence of time- and … statedependent price adjustment. Most importantly, the differences in "unconditional" sectoral price flexibility are found to be …

We analyse the adjustment of retail and services prices in a period of low inflation, using a set of individual price … data from the German Consumer Price Index which covers the years 1998 to 2003. We strong find evidence of time- and state …-dependent price adjustment. Most importantly, the differences in unconditionalʺ sectoral price flexibility are found to be linked to …

We investigate the relationship between inflation and price variation using highly disaggregated, weekly price data for … correlated with price changes. As the rate of inflation rises, both variability and dispersion become affected. During … problems. -- price dispersion ; price variability ; inflation …