The frequency and size of price changes: evidence from non-parametric estimations

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11230%2F11%3A10100429" target="_blank" >RIV/00216208:11230/11:10100429 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.1080/17520843.2011.562518" target="_blank" >http://dx.doi.org/10.1080/17520843.2011.562518</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1080/17520843.2011.562518" target="_blank" >10.1080/17520843.2011.562518</a>

Result language
angličtina
Original language name
The frequency and size of price changes: evidence from non-parametric estimations
Original language 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.
Czech name
—
Czech description
—

Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AH - Economics
OECD FORD branch
—

Project
<a href="/en/project/GAP402%2F10%2F0448" target="_blank" >GAP402/10/0448: Monetary policy transparency: Theory and empirical evaluation</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year
2011
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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