Arbeitspapier

Price setting in German manufacturing: new evidence from new survey data

This paper presents new evidence on the formation of producer prices based on a onetime survey that was conducted on a sample of 1200 German firms in manufacturing in June 2004. Most of the firms have price-setting power and apply mark-up pricing. Indexation is negligible. Fixed nominal contracts are the most important reason for postponing a price adjustment. The second most likely reason is coordination failure, which causes more upward than downward stickiness. For every second firm both reasons are important. Firms can be assigned to four different groups according to an increasing complexity of reasons of price stickiness.

Sprache
Englisch

Erschienen in
Series: Discussion Paper Series 1 ; No. 2005,43

Klassifikation
Wirtschaft
Market Structure, Pricing, and Design: General
Prices, Business Fluctuations, and Cycles: General (includes Measurement and Data)
Thema
Price rigidity
cluster analysis
Verarbeitendes Gewerbe
Betriebliche Preispolitik
Preisrigidität
Deutschland

Ereignis
Geistige Schöpfung
(wer)
Stahl, Harald
Ereignis
Veröffentlichung
(wer)
Deutsche Bundesbank
(wo)
Frankfurt a. M.
(wann)
2005

Handle
Letzte Aktualisierung
10.03.2025, 11:44 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.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Stahl, Harald
  • Deutsche Bundesbank

Entstanden

  • 2005

Ähnliche Objekte (12)