Dhyne, Emmanuel; Fuss, Catherine; Pesaran, Hashem; … - 2006
appear to play a significant role. We also find that asymmetry in the price adjustment may result from a trend in marginal … nominal and real factors in price rigidity. Using two rich datasets consisting of a large fraction of the price quotes used to … compute the Belgian and French Consumer Price Indices, we are able to evaluate, the importance of the menu costs and to …