Consumer price adjustment under the microscope : Germany in a period of low inflation / Johannes Hoffman, Jeong-Ryeol Kurz-Kim.
Tipo de material:
TextoSeries Discussion paper (Deutsche Bundesbank). Series 1: economic studies ; ; no. 16/2006Detalles de publicación: Frankfurt am Main : Deutsche Bundesbank, 2006Descripción: 107 pISBN: - 3865581552
- 21 338.520943
| Tipo de ítem | Biblioteca actual | Signatura topográfica | Estado | Fecha de vencimiento | Código de barras | |
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Libro
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Biblioteca Manuel Belgrano | 338.520943 H 49446 (Navegar estantería(Abre debajo)) | Disponible | 49446 |
Bibliografía: p. 71-74
We analyse the adjustment of retail and services prices in a period of low inflation, using a set of individual price data from de german Consumer Price Index which covers the years 1998 to 2003. We strong find evidence of time and state-dependent price adjustment. Most importantly, the differences in "unconditional" sectoral price flexibility are found to be linked to input price volatility.
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