relating the probability of price adjustment and price updating, respectively, to both time- and state- dependent variables …. However, the results show that adjustment to input cost changes takes time indicating "additional stickiness" at the last …

estimated. Price changes can be explained by a combination of state-dependence and time-dependence but time-dependence clearly … dominates. Time-dependence is strongest if a price increase follows a price increase. This is typically the case during the … observed period. A price increase is most likely to follow a price increase after 1, 4, 5, 8, 9, quarters. This time …

estimated. Price changes can be explained by a combination of state-dependence and time-dependence. Time-dependence clearly …. This time-dependent effect is so strong and cost and price increases are so weak in the observed period that adjustment …-dependence seems to be most relevant in periods with decreasing demand. Then firms reduce prices and the time between two price cuts …

estimated. Price changes can be explained by a combination of state-dependence and time-dependence but time-dependence clearly … dominates. Time-dependence is strongest if a price increase follows a price increase. This is typically the case during the … observed period. A price increase is most likely to follow a price increase after 1, 4, 5, 8, 9, – quarters. This time …

estimated. Price changes can be explained by a combination of state-dependence and time-dependence. Time-dependence clearly …, ... quarters. This time-dependent effect is so strong and cost and price increases are so weak in the observed period that …. State-dependence seems to be most relevant in periods with decreasing demand. Then firms reduce prices and the time between …

. We find no signs of downward nominal rigidity. A joint analysis of sizes and frequencies of price adjustment across time … shows that price setting is characterised by both time- and state-dependent pricing. About 38% of the exported goods are …

This paper documents producer price setting in 6 countries of the euro area: Germany, France, Italy, Spain, Belgium and …