This paper provides a summary of current knowledge on inflation persistence and price
stickiness in the euro area, based on research findings that have been produced in the …

An aggregation exercise is proposed that aims at investigating whether the fast average
adjustments of the disaggregate inflation series of the euro area CPI is coherent with the …

This paper surveys the current state of global empirical research on price setting behaviour
at the firm level to evaluate the adequacy of pricing models used in the macro literature. To …

This paper analyses the results of a survey conducted by the Banco de Portugal with the
main purpose of investigating firms' price setting behaviour. The evidence points to the …

Survey evidence shows that the main reason why firms keep prices stable is that they are
concerned about losing customers or market share. We construct a general equilibrium …

We estimate the curvature of the demand curve for a wide range of products. We use an
extension of Deaton and Muellbauer's Almost Ideal Demand System and scanner data from …

This report presents results from a research project developed by the European Central
Bank and the 12 National Central Banks of the Eurosystem on the persistence of inflation in …

Abstract V aona A. and A scari G. Regional inflation persistence: evidence from Italy,
Regional Studies. Regional patterns of inflation persistence have received attention only at …

This paper deals with the analysis of price-setting in US manufacturing industries. Recent
studies have heavily criticized the ability of the New Keynesian Phillips curve (NKPC) to fit …

The New Keynesian Phillips curve (NKPC) is now the dominant model of inflation dynamics.
In recent years, a large body of empirical research has documented price-setting behaviour …