BANCO DE PORTUGAL Economic Research Department STYLISED FEATURES OF PRICE SETTING BEHAVIOUR

Abstract

This paper identifies the empirical stylized features of price setting behaviour in Portugal using the micro-datasets underlying the consumer and the producer price indexes. The main conclusions are the following: 1 in every 4 prices change each month; there is a considerable degree of heterogeneity in price setting practices; consumer prices of goods… (More)

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Cite this paper

@inproceedings{Dias2004BANCODP, title={BANCO DE PORTUGAL Economic Research Department STYLISED FEATURES OF PRICE SETTING BEHAVIOUR}, author={M{\'o}nica Costa Dias and Daniel Dias and Pedro Duarte Neves and Banco de Portugal and Pedro Neves and Carlos Robalo Marques and Teresa Nascimento and Cristina Maria Nunes Cabral and Cristina Fernandes and Humberto Pereira}, year={2004} }