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Relative Price Distortions and Inflation Persistence

✍ Scribed by Tatiana Damjanovic; Charles Nolan


Book ID
111056216
Publisher
John Wiley and Sons
Year
2010
Tongue
English
Weight
222 KB
Volume
120
Category
Article
ISSN
0013-0133

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## Abstract This paper studies price level rigidity and inflation persistence for EU15 member states using data on more than 1500 HICP sub‐indices. Services and HICP sub‐indices subject to price regulation exhibit a higher degree of price rigidity, with less frequent but larger index changes and a