Price Setting and Price Adjustment in Some European Union Countries: Introduction to the Special Issue
Bar-Ilan University - Department of Economics; Emory University - Department of Economics; Rimini Center for Economic Analysis
European Central Bank (ECB); KU Leuven - Center for Economic Studies
December 1, 2010
Bar-Ilan University Department of Economics Research Paper No. 2010-22
This introductory essay briefly summarizes the eleven empirical studies of price setting and price adjustment that are included in this special issue. The studies, which use data from several European countries, were conducted as part of the European Central Bank’s Inflation Persistence Network.
Number of Pages in PDF File: 19
Keywords: Price Rigidity, Price Flexibility, Cost of Price Adjustment, Menu Cost, Managerial and Customer Cost of Price Adjustment, Pricing, Price System, Price Setting, New Keynesian Economics, Store-Level Data, Micro-Level Data, Product-Level Data
JEL Classification: D21, D40, E12, E31, E50, E52, E58, L11, L16, M20, M30
Date posted: June 23, 2011
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