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Price adjustment in German manufacturing: evidence from two merged survey

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dc.creator Stahl, Harald
dc.date 2006
dc.date.accessioned 2013-10-16T07:06:14Z
dc.date.available 2013-10-16T07:06:14Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/19675
dc.identifier ppn:523083262
dc.identifier RePEc:zbw:bubdp1:5195
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/19675
dc.description This paper presents new evidence on the formation of producer prices. The database combines a one-time survey that was conducted in June 2004 on a sample of 1,200 firms in manufacturing and time-series information on price adjustment of the same firms from a business-tendency survey. The share of time-dependent price setters amounts to 20 per cent. Neither Taylor nor Calvo type price setting describes their price adjustment well. Only a few firms are forward-looking, the majority relies on contemporaneous and past information.
dc.language eng
dc.publisher
dc.relation Discussion paper Series 1 / Volkswirtschaftliches Forschungszentrum der Deutschen Bundesbank 2006,46
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject E30
dc.subject D40
dc.subject ddc:330
dc.subject Price rigidity
dc.subject sticky information
dc.subject survey data
dc.subject Preisrigidität
dc.subject Industrieprodukt
dc.subject Industriepreisindex
dc.subject Schätzung
dc.subject Deutschland
dc.title Price adjustment in German manufacturing: evidence from two merged survey
dc.type doc-type:workingPaper


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