00000nam 2200000za 4500 9.862211 CaOODSP 20221107160945 cr ||||||||||| 180920s2018 oncd ob f000 0 eng d CaOODSP eng eng fre FB3-5/2018-44E-PDF Carvalho, Carlos. Price selection [electronic resource] / by Carlos Carvalho and Oleksiy Kryvtsov. [Ottawa] : Bank of Canada, 2018. ii, 37 p. : col. charts. Bank of Canada staff working paper, 1701-9397 ; 2018-44 "September 2018." Includes bibliographical references (p. 23-26). "We propose a simple, model-free way to measure price selection and its impact on inflation. Price selection exists when prices that change in response to aggregate shocks are not representative of the overall population of prices. Due to selection, increases (decreases) in inflation can be amplified because adjusting prices tend to originate from levels far below (above) the average. Using detailed micro-level consumer price data for the United Kingdom, the United States and Canada, we find robust evidence of strong price selection across goods and services"--Abstract, p. ii. Includes abstract in French. gccst Prices gccst Inflation Kryvtsov, Oleksiy. Bank of Canada. Staff working paper (Bank of Canada) 1701-9397 ; 2018-44. (CaOODSP)9.806221 PDF 865 KB https://publications.gc.ca/collections/collection_2018/banque-bank-canada/FB3-5-2018-44-eng.pdf