English, Article, Journal or magazine article edition: Price adjustments and inflation - evidence from Norwegian consumer price data 1975-2004 Fredrik Wulfsberg

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Bookmark: http://trove.nla.gov.au/version/4764
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Price adjustments and inflation - evidence from Norwegian consumer price data 1975-2004
Author
  • Fredrik Wulfsberg
Physical Description
  • preprint
Notes
  • 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.
  • Consumer prices, price rigidity
  • RePEc:bno:worpap:2009_11
Language
  • English
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