Now showing items 1-1 of 1

    • Lumpy Price Adjustments: A Microeconometric Analysis 

      Dhyne, Emmanuel; Fuss, Catherine; Pesaran, M. Hashem; Sevestre, Patrick (Faculty of Economics, 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 ...