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Persistence in law of one price deviations: Evidence from micro-data

✍ Scribed by Mario J. Crucini; Mototsugu Shintani

Book ID: 113725891
Publisher: Elsevier Science
Year: 2008
Tongue: English
Weight: 285 KB
Volume: 55
Category: Article
ISSN: 0304-3932
DOI: 10.1016/j.jmoneco.2007.12.010

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## Abstract This paper explores the key features of manufacturing price‐setting behaviour in Spain using an extensive micro Producer Price Index data set. The main focus is placed on the impact on the frequency of price adjustment of some explanatory variables, including the cost structure, degree