Time-dependent versus State-dependent Pricing: A Panel Data Approach to the Determinants of Belgian Consumer Price Changes

April 2005
Aucremanne, L. / Dhyne, E.

Working Paper N° 66

JEL classification: 
C23
C25
D40
E31
Keywords: 
consumer prices
time-dependent pricing
state-dependent pricing
Calvo model
Truncated Calvo model
Taylor contracts
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