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

Author

Listed:
  • Josef Baumgartner

    (WIFO)

  • Ernst Glatzer
  • Fabio Rumler
  • Alfred Stiglbauer

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.

Suggested Citation

  • Josef Baumgartner & Ernst Glatzer & Fabio Rumler & Alfred Stiglbauer, 2006. "Patterns and Determinants of Price Changes: Analysing Individual Consumer Prices in Austria," WIFO Working Papers 277, WIFO.
  • Handle: RePEc:wfo:wpaper:y:2006:i:277
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    File URL: https://www.wifo.ac.at/wwa/pubid/27098
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    References listed on IDEAS

    as
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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.

    More about this item

    Keywords

    Consumer prices; sticky prices; frequency and size of price changes; duration of price spells;

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