Patterns and Determinants of Price Changes: Analysing Individual Consumer Prices in Austria

We provide empirical evidence on the degree and characteristics of price rigidity in Austria by estimating the average frequency of price changes and the duration of price spells from a large data set of individual price records collected for the computation of the Austrian CPI.
Bibliographische Detailangaben
Link(s) zu Dokument(en):WIFO Publikation
Veröffentlicht in:WIFO Working Papers
Hauptverfasser: Josef Baumgartner, Ernst Glatzer, Fabio Rumler, Alfred Stiglbauer
Format: paper
Sprache:Englisch
Veröffentlicht: 2006
Schlagworte:
Beschreibung
Zusammenfassung:We provide empirical evidence on the degree and characteristics of price rigidity in Austria by estimating the average frequency of price changes and the duration of price spells from a large data set of individual price records collected for the computation of the Austrian CPI.
Beschreibung:
  • 26 pages