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Discussion of "Lumpy Price Adjustments: A Microeconometric Analysis" by Dhyne, et al. (2007)

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  • Levy, Daniel

Abstract

Discussion of "Lumpy Price Adjustments: A Microeconometric Analysis" by Emmanuel Dhyne, Catherine Fuss, Hashem Pesaran, and Patrick Sevestre (2007); Presented at the Spring 2007 Conference of the Deutsche Bundesbank and the Banque De France on "Micro-Data and Macroeconomic Implications," April 27-28, 2007, Eltville, Germany.

Suggested Citation

  • Levy, Daniel, 2007. "Discussion of "Lumpy Price Adjustments: A Microeconometric Analysis" by Dhyne, et al. (2007)," MPRA Paper 3047, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:3047
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    File URL: https://mpra.ub.uni-muenchen.de/3047/1/MPRA_paper_3047.pdf
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    More about this item

    Keywords

    Price rigidity and flexibility; Menu cost; Cost of price adjustment; Nominal rigidity; Intrinsic rigidity; Extrinsic rigidity; Common component; Idiosyncratic shock; Frequency of price changes; Asymmetric menu cost; Asymmetric price adjustment; Price change trigger; Heterogeneity;

    JEL classification:

    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
    • D42 - Microeconomics - - Market Structure, Pricing, and Design - - - Monopoly
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • D4 - Microeconomics - - Market Structure, Pricing, and Design
    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian
    • D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General

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