Journals Higher Education

$60.00

Hardcover

25 June 2007

312 Pages | 19 line illus.

6-1/8 x 9-1/4 inches

ISBN: 9780195309287


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Bookseller Code (06)

Pricing Decisions in the Euro Area

How Firms Set Prices and Why

Edited by Silvia Fabiani, Claire Suzanne Loupias, Fernando Manuel Monteiro Martins, and Roberto Sabbatini

This book documents the underlying rationale of observed pricing patterns on the basis of survey information provided by more than 11,000 Euro area firms. It addresses issues such as the relevance of nominal and real rigidities, the main features of the price adjustment process, and the reasons underlying price stickiness and asymmetries, drawing the main implications for modeling and monetary policy.

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