Price selection / by Carlos Carvalho and Oleksiy Kryvtsov.: FB3-5/2018-44E-PDF
"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.
Permanent link to this Catalogue record:
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| Title | Price selection / by Carlos Carvalho and Oleksiy Kryvtsov. |
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| Publication type | Monograph - View Master Record |
| Language | [English] |
| Format | Digital text |
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| Description | ii, 37 p. : col. charts. |
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