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Description
  • The majority of price setting models predict a negative correlation between the frequency and size of price changes. Using a unique micro-level price data from Slovakia, we find that a negative correlation between frequency and size of price changes holds only for more rigid prices. On the other hand, less rigid prices such as gasoline prices exhibit positive correlation in line with Rotemberg's pricing model.
  • The majority of price setting models predict a negative correlation between the frequency and size of price changes. Using a unique micro-level price data from Slovakia, we find that a negative correlation between frequency and size of price changes holds only for more rigid prices. On the other hand, less rigid prices such as gasoline prices exhibit positive correlation in line with Rotemberg's pricing model. (en)
Title
  • The frequency and size of price changes: evidence from non-parametric estimations
  • The frequency and size of price changes: evidence from non-parametric estimations (en)
skos:prefLabel
  • The frequency and size of price changes: evidence from non-parametric estimations
  • The frequency and size of price changes: evidence from non-parametric estimations (en)
skos:notation
  • RIV/00216208:11230/11:10100429!RIV12-GA0-11230___
http://linked.open...avai/predkladatel
http://linked.open...avai/riv/aktivita
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  • P(GAP402/10/0448)
http://linked.open...iv/cisloPeriodika
  • 2
http://linked.open...vai/riv/dodaniDat
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  • 200389
http://linked.open...ai/riv/idVysledku
  • RIV/00216208:11230/11:10100429
http://linked.open...riv/jazykVysledku
http://linked.open.../riv/klicovaSlova
  • price setting; non-parametric estimation; micro data (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...odStatuVydavatele
  • GB - Spojené království Velké Británie a Severního Irska
http://linked.open...ontrolniKodProRIV
  • [EE7B2640939D]
http://linked.open...i/riv/nazevZdroje
  • Macroeconomics and Finance in Emerging Market Economies
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http://linked.open...v/svazekPeriodika
  • 4
http://linked.open...iv/tvurceVysledku
  • Horváth, Roman
issn
  • 1752-0843
number of pages
http://bibframe.org/vocab/doi
  • 10.1080/17520843.2011.562518
http://localhost/t...ganizacniJednotka
  • 11230
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