Frequency of Price Adjustment and Pass-Through *
β Scribed by Gopinath, Gita; Itskhoki, Oleg
- Book ID
- 125858197
- Publisher
- MIT Press
- Year
- 2010
- Tongue
- English
- Weight
- 550 KB
- Volume
- 125
- Category
- Article
- ISSN
- 0033-5533
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
## Abstract How often do the nominal prices of individual goods change? What is the nature of costs of price adjustment? How big are these costs? Answering these questions may be important for constructing macroeconomic models that are useful for monetary policy analysis. The empirical literature r
## Abstract This paper presents direct, nonβparametric microeconomic evidence on pricing behavior and evaluates the findings in light of theories of nominal price rigidity. The main issues examined include the durability of price quotations and the size of price changes. The analysis is based on a