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Stuck at zero: price rigidity in a runaway inflation

Snir, Avichai; Chen, Haipeng; Levy, Daniel C. - 2021

rigidity during a period of a runaway inflation, when the annual inflation rate was in the range of 60%-430%. Surprisingly, we … price adjustments even in a period of a runaway inflation, when 85 percent of the prices change every month. …

Persistent link: https://www.econbiz.de/10012511181

Stuck at zero : price rigidity in a runaway inflation

Snir, Avichai; Chen, Haipeng; Levy, Daniel C. - In: Economics letters 204 (2021), pp. 1-5

Persistent link: https://www.econbiz.de/10012607574

3 lessons from hyperinflationary periods

Bergen, Mark; Bergen, Thomas; Levy, Daniel C.; Semenov, Rose - 2022 - Revised: November 11, 2022

Inflation is painful, for firms, customers, employees, and society. But careful study of periods of hyperinflation …

Persistent link: https://www.econbiz.de/10013465228

Stuck at Zero: Price Rigidity in a Runaway Inflation

Snir, Avichai; Chen, Haipeng (Allan); Levy, Daniel - In: Economics Letters (2021) forthcoming

rigidity during a period of a runaway inflation, when the annual inflation rate was in the range of 60%–430%. Surprisingly, we … price adjustments even in a period of a runaway inflation, when 85 percent of the prices change every month. …

Persistent link: https://www.econbiz.de/10012507272