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.
- Language
-
Englisch
- Bibliographic citation
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Series: Discussion Paper Series 1 ; No. 2006,46
- Classification
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Wirtschaft
Prices, Business Fluctuations, and Cycles: General (includes Measurement and Data)
Market Structure, Pricing, and Design: General
- Subject
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Price rigidity
sticky information
survey data
Preisrigidität
Industrieprodukt
Industriepreisindex
Schätzung
Deutschland
- Event
-
Geistige Schöpfung
- (who)
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Stahl, Harald
- Event
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Veröffentlichung
- (who)
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Deutsche Bundesbank
- (where)
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Frankfurt a. M.
- (when)
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2006
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Stahl, Harald
- Deutsche Bundesbank
Time of origin
- 2006
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