Arbeitspapier
Price Adjustments and Inflation - Evidence from Norwegian Consumer Price Data 1975-2004
I document price adjustments in both high and low inflation years from 14 milllion monthly price observations of 1,133 goods and services. The variation in the frequency of price changes explains all the variation in the inflation rate. On average, prices increase more often when inflation is high, and decrease more often when inflation is low. There is also substantial variation both in the duration and size of price changes within and between items.
- ISBN
-
978-82-7553-507-6
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 2009/11
- Klassifikation
-
Wirtschaft
Market Structure, Pricing, and Design: General
Price Level; Inflation; Deflation
- Thema
-
consumer prices
price rigidity
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Wulfsberg, Fredrik
- Ereignis
-
Veröffentlichung
- (wer)
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Norges Bank
- (wo)
-
Oslo
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:46 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Wulfsberg, Fredrik
- Norges Bank
Entstanden
- 2009