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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. |
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