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Patterns and Determinants of Price Changes: Analysing Individual Consumer Prices in Austria

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  • Fabio Rumler
  • Alfred Stiglbauer
  • Josef Baumgartner

Abstract

We provide empirical evidence on the degree and characteristics of price rigidity in Austria by estimating the average frequency of price changes and the duration of price spells from a large data set of individual price records collected for the computation of the Austrian CPI.
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Suggested Citation

  • Fabio Rumler & Alfred Stiglbauer & Josef Baumgartner, 2011. "Patterns and Determinants of Price Changes: Analysing Individual Consumer Prices in Austria," German Economic Review, Verein für Socialpolitik, vol. 12(3), pages 336-350, August.
  • Handle: RePEc:bla:germec:v:12:y:2011:i:3:p:336-350
    DOI: j.1468-0475.2010.00523.x
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    Cited by:

    1. Fabio Rumler, 2012. "The Pass-Through of Commodity Prices to Consumer Prices of Selected Products," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue 1, pages 92-104.

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