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    • Lumpy Price Adjustments: A Microeconometric Analysis 

      Dhyne, Emmanuel; Fuss, Catherine; Pesaran, M. Hashem; Sevestre, Patrick (Faculty of Economics, University of Cambridge, UK, 2007-04)
      This paper presents a simple model of state-dependent pricing that allows identification of the relative importance of the degree of price rigidity that is inherent to the price setting mechanism (intrinsic) and that which ...