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This paper documents five stylised facts relating to price adjustment in the euro area, using various micro price … datasets collected in a period with relatively low and stable inflation. First, price changes are infrequent in the core … of producer price adjustment is greater (25%), reflecting that the prices of intermediate goods and energy are more …
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monetary authority should target the consumer price index (CPI) rather than the Domestic Price Index (DPI). When pass …
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After controversial public debates, fuel price regulations were implemented in Austria prohibiting fuel retailers from … raising their prices more than once per day. This paper investigates whether these policy measures affected the price …-run equilibrium seems to be faster if crude oil prices are relatively low, transitory crude oil price decreases are passed through …
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price regulations. Consumers demand stricter fuel price regulations to provide transparency about the current price level … and to protect them from sudden price fluctuations. Such regulations are already in place in several countries, but … whether they indeed help lower the overall fuel price level is unclear. In this paper, we study the effect of Austria's Fuel …
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