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How do firms adjust their prices in Turkey? Micro-level evidence

✍ Scribed by Saygın Şahinöz; Bedriye Saraçoğlu


Book ID
105855844
Publisher
Springer-Verlag
Year
2010
Tongue
English
Weight
506 KB
Volume
40
Category
Article
ISSN
0377-7332

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✍ Claudia Kwapil; Johann Scharler; Josef Baumgartner 📂 Article 📅 2010 🏛 John Wiley and Sons 🌐 English ⚖ 151 KB

## Abstract In this paper we investigate the response of prices to shocks based on a survey of Austrian firms. We find that firms are more likely to change prices after a cost shock than after a demand shock. In this vein, our analysis suggests that regular customers are an important explanation fo