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Author:Cornille, D.
Dossche, M.
Title:Some evidence on the adjustment of producer prices
Journal:Scandinavian Journal of Economics
2008 : VOL. 110:3, p. 489-518
Index terms:price determination
prices
production
Language:eng
Abstract:This paper documents producer price adjustment by using low-inflation micro price dataset. On average 24 percent of prices adjust each month, with an average increase/decrease of 6 percent. Producer prices adjust more frequently than consumer prices, but their size of adjustment is typically smaller.
SCIMA record nr: 270941
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