Consumer price adjustment under the microscope : Germany in a period of low inflation /

We analyse the adjustment of retail and services prices in a period of low inflation, using a set of individual price data from de german Consumer Price Index which covers the years 1998 to 2003. We strong find evidence of time and state-dependent price adjustment. Most importantly, the differences...

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Bibliographic Details
Main Author: Hoffmann, Johannes
Other Authors: Kurz-Kim, Jeong-Ryeol, 1959-
Format: Book
Language:English
Published: Frankfurt am Main : Deutsche Bundesbank, 2006
Series:Discussion paper (Deutsche Bundesbank). Series 1: economic studies ; no. 16/2006
Subjects:
Online Access:http://www.bundesbank.de/Redaktion/EN/Downloads/Publications/Discussion_Paper_1/2006/2006_05_23_dkp_16.pdf?__blob=publicationFile