Arbeitspapier
Price setting before and during the pandemic: Evidence from Swiss consumer prices
We provide new evidence on price rigidity at the product level based on microdata underlying the Swiss consumer price index from 2008 to 2020. We find that the frequency of price changes has increased over the last decade, particularly among products where collection switched to online prices, reflecting the rise of e-commerce. Furthermore, price changes tend to be synchronized within rather than across stores. Time variations in inflation can be attributed mainly to variations in the frequency of both price increases and price decreases. In the first year of the pandemic, the frequency of price adjustments changed little on average, while temporary sales responded countercyclically to the respective demand conditions across sectors.
- ISBN
-
978-92-899-5396-2
- Sprache
-
Englisch
- Erschienen in
-
Series: ECB Working Paper ; No. 2748
- Klassifikation
-
Wirtschaft
Price Level; Inflation; Deflation
Production, Pricing, and Market Structure; Size Distribution of Firms
- Thema
-
Price rigidity
price-setting behavior
consumer prices
inflation
COVID-19 pandemic
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Rudolf, Barbara
Seiler, Pascal
- Ereignis
-
Veröffentlichung
- (wer)
-
European Central Bank (ECB)
- (wo)
-
Frankfurt a. M.
- (wann)
-
2022
- DOI
-
doi:10.2866/926701
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Rudolf, Barbara
- Seiler, Pascal
- European Central Bank (ECB)
Entstanden
- 2022
Ähnliche Objekte (12)
Price setting before and during the pandemic: Evidence from Swiss consumer prices
Price-setting and price-adjustment behavior for fast-moving consumer goods
Price-setting and price-adjustment behavior for fast-moving consumer goods
Price setting behaviour in Spain : stylised facts using consumer price micro data
Price setting behaviour in Spain: stylised facts using consumer price micro data
Price disclosure rules and consumer price comparison
Price disclosure rules and consumer price comparison
Price setting in the euro area: some stylized facts from individual consumer price data
Price setting in the Euro area : some stylized facts from individual consumer price data
Price setting in the euro area: Some stylized facts from Individual Consumer Price Data
Immigration and Swiss House Prices
Immigration and Swiss House Prices
Price setting before and during the pandemic: Evidence from Swiss consumer prices
Price-setting and price-adjustment behavior for fast-moving consumer goods
Price-setting and price-adjustment behavior for fast-moving consumer goods
Price setting behaviour in Spain : stylised facts using consumer price micro data
Price setting behaviour in Spain: stylised facts using consumer price micro data
Price disclosure rules and consumer price comparison
Price disclosure rules and consumer price comparison
Price setting in the euro area: some stylized facts from individual consumer price data
Price setting in the Euro area : some stylized facts from individual consumer price data
Price setting in the euro area: Some stylized facts from Individual Consumer Price Data
Immigration and Swiss House Prices
Immigration and Swiss House Prices
Price setting before and during the pandemic: Evidence from Swiss consumer prices
Price-setting and price-adjustment behavior for fast-moving consumer goods
Price-setting and price-adjustment behavior for fast-moving consumer goods
Price setting behaviour in Spain : stylised facts using consumer price micro data
Price setting behaviour in Spain: stylised facts using consumer price micro data
Price disclosure rules and consumer price comparison
Price disclosure rules and consumer price comparison
Price setting in the euro area: some stylized facts from individual consumer price data
Price setting in the Euro area : some stylized facts from individual consumer price data
Price setting in the euro area: Some stylized facts from Individual Consumer Price Data
Immigration and Swiss House Prices