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Menu costs and inflation asymmetries : some micro data evidence
Karádi, Péter (contributor); Reiff, Àdám (contributor) - 2007
The paper explains the observed asymmetric inflation response to value-added tax (VAT) changes in Hungary by calibrating a standard sectoral menu cost model on a new micro-level CPI data set. The model is able to reproduce important moments of the data, and finds that the asymmetry can be...
Persistent link: https://www.econbiz.de/10003609331
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Price adjustment processes with adaptively price setting firms
Berninghaus, Siegfried - 1986
Persistent link: https://www.econbiz.de/10000418974
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A survey of general equlilibrium systems
Hansen, Bent - 1982
Persistent link: https://www.econbiz.de/10000125905
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Sticky prices in a dynamic oligopoly : an empirical investigation of fixed and variable adjustment costs
Slade, Margaret E. - 1992
Persistent link: https://www.econbiz.de/10000135954
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Price adjustment within a framework of symmetric oligopoly
Brack, John - 1984
Persistent link: https://www.econbiz.de/10000045722
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Menu costs : a review of the literature
Cassino, Vincenzo - 1995
Persistent link: https://www.econbiz.de/10000912769
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Sticky prices, flexible products, and real effects of nominal demand shocks
Koelln, Kenneth - 1991
Persistent link: https://www.econbiz.de/10000876461
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Monopolistic competition, price setting and the effects of real and monetary shocks
Beaudry, Paul; Devereux, Michael B. - 1993
Persistent link: https://www.econbiz.de/10000878367
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Staggering and synchronization in price setting : evidence from multiproduct firms
Lach, Saul; Tsiddon, Daniel - 1996
Persistent link: https://www.econbiz.de/10000934827
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State-dependent pricing and the dynamics of business cycles
Dotsey, Michael; King, Robert G.; Wolman, Alexander L. - 1997
Persistent link: https://www.econbiz.de/10000957825