STICKY PRICES - NEW EVIDENCE FROM RETAIL CATALOGS

被引：171

作者：

KASHYAP, AK ^{[1
]}

机构：

[1] NATL BUR ECON RES,CAMBRIDGE,MA 02138

来源：

QUARTERLY JOURNAL OF ECONOMICS | 1995年 / 110卷 / 01期

基金：

美国国家科学基金会;

关键词：

D O I：

10.2307/2118517

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper presents new results on the size, frequency, and synchronization of price changes for twelve selected retail goods over the past 35 years. Three basic facts about the data are uncovered. First, nominal prices are typically fixed for more than one year, although the time between changes is very irregular. Second, prices change more often during periods of high overall inflation. Third, when prices do change, the sizes of the changes are widely dispersed. Both ''large'' and ''small'' changes occur for the same item, and the sizes of these changes do not closely depend on overall inflation.

引用

页码：245 / 274

页数：30