Arbeitspapier
Price adjustment in German manufacturing: evidence from two merged survey
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.
- Sprache
-
Englisch
- Erschienen in
-
Series: Discussion Paper Series 1 ; No. 2006,46
- Klassifikation
-
Wirtschaft
Prices, Business Fluctuations, and Cycles: General (includes Measurement and Data)
Market Structure, Pricing, and Design: General
- Thema
-
Price rigidity
sticky information
survey data
Preisrigidität
Industrieprodukt
Industriepreisindex
Schätzung
Deutschland
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Stahl, Harald
- Ereignis
-
Veröffentlichung
- (wer)
-
Deutsche Bundesbank
- (wo)
-
Frankfurt a. M.
- (wann)
-
2006
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Stahl, Harald
- Deutsche Bundesbank
Entstanden
- 2006