[10] Bils, Mark, Peter J. Klenow, and Benjamin A. Malin. 2009. âReset Price Inâation and the Impact of Monetary Policy Shocks.âNBER Working Paper 14787.
[12] Blanchard, Oliver J. and S. Fisher. 1989. Lectures on Macroeconomics. Cambridge: MIT Press.
[13] Blinder, Alan S. 1994. âOn Sticky Prices: Academic Theories Meet the Real World.âIn Monetary Policy, ed. N. Gregory Mankiw, 117-154. University of Chicago and NBER.
[15] Bonomo, Marco and Carlos Carvalho. 2004. âEndogenous Time-Dependent Rules and Inâation Inertia.âJournal of Money, Credit and Banking 36, no.6:1015-41.
[16] Bonomo, Marco, Carlos Carvalho, and Renà Garcia. 2010. âState-dependent Pricing Under Infrequent Information: A Uniâed Framework.â Sta Reports 455, Federal Reserve Bank of New York.
[17] Bonomo, Marco and Renà Garcia. 2001. âThe Macroeconomic Eects of Infrequent Information with Adjustment Costs.âCanadian Journal of Economics 34, no.1:18-35.
- [18] Bronnenberg, Bart J., Michael W. Kruger, and Carl F. Mela. 2008. âDatabase paper: The IRI Marketing Data Set.âMarketing Science 27, no.4:745â748.
Paper not yet in RePEc: Add citation now
- [19] Bureau of Labor Statistics (2011), Handbook of Methods, Bureau of Labor Statistics, Washington, DC.
Paper not yet in RePEc: Add citation now
[2] Ãlvarez, Luis J. and Ignacio Hernando. 2004. âPrice Setting Behaviour in Spain: Stylised Facts using Consumer Price Micro Data.âWorking Paper Series 416, European Central Bank.
[20] Burstein, Ariel T. 2006. âInâation and Output Dynamics with State-Dependent Pricing Decisions. âJournal of Monetary Economics 53, no.7:1235-1257.
[21] Burstein, Ariel, Martin Eichenbaum, and Sergio Rebelo. 2005. âLarge Devaluations and the Real Exchange Rate.âJournal of Political Economy 113, no.4:742-784.
[22] Burstein, Ariel and Christian Hellwig. 2007. âPrices and Market Shares in a Menu Cost Model.â NBER Working Papers 13455, National Bureau of Economic Research.
[23] Caballero, Ricardo J. and Eduardo M.R.A. Engel. 1993a. âMicroeconomic Adjustment Hazards and Aggregate Dynamics.âQuarterly Journal of Economics 108, no.2:359-383.
[24] Caballero, Ricardo J. and Eduardo M. R. A. Engel. 1993b. âMicroeconomic Rigidities and Aggregate Price Dynamics.âEuropean Economic Review 37, no.4:697-711.
[25] Caballero, Ricardo J. and Eduardo M. R. A. Engel. 1999. âExplaining Investment Dynamics in U.S. Manufacturing: A Generalized (S,s) Approach.âEconometrica 67, no.4:783-826.
[26] Caballero, Ricardo J. and Eduardo M.R.A. Engel. 2007. âPrice Stickiness in Ss Models: New Interpretations of Old Results.âJournal of Monetary Economics 54, (Supplement):100-121.
[27] Caballero, Ricardo J., Eduardo M.R.A. Engel, and John Haltiwanger. 1997. âAggregate Employment Dynamics: Building from Microeconomic Evidence.â American Economic Review 87, no.1:115-137.
[28] Calvo, Guillermo A. 1983. âStaggered Prices in a Utility-Maximizing Framework.âJournal of Monetary Economics 12, no.3:383-398.
[29] Campbell, Jerey R. and Benjamin Eden. 2010. âRigid Prices: Evidence from U.S. Scanner Data.âWorking Paper Series WP-05-08, Federal Reserve Bank of Chicago.
[3] Attanasio, Orazio P. 2000. âConsumer Durables and Inertial Behaviour: Estimation and Aggregation of (S,s) Rules for Automobile Purchases.âReview of Economic Studies 67, no.4:667-96.
[30] Caplin, Andrew S. and Daniel F. Spulber. 1987. âMenu Costs and the Neutrality of Money.â Quarterly Journal of Economics 102, no.4:703-25.
- [31] CapistrÃn, Carlos and Gabriel LÃpez-Moctezuma. 2010. âForecast Revisions of Mexican Inâation and GDP Growth.âWorking Paper 2010-11, Banco de MÃxico.
Paper not yet in RePEc: Add citation now
[32] Carlton, Dennis W. 1986. âThe Rigidity of Prices.âAmerican Economic Review 76, no.4:63758.
[33] Carlton, Dennis W. 1989. âThe Theory and the Facts of How Markets Clear: Is Industrial Organization Valuable for Understanding Macroeconomics?â Handbook of Industrial Organization, ed. by R. Schmalensee & R. Willig, 1 ch.15:909-946.
[34] Cavallo, Alberto and Roberto Rigobon. 2011. âThe Distribution of the Size of Price Changes.â NBER Working Paper 16760.
[35] Cecchetti, Stephen G. 1986. âThe Frequency of Price Adjustment: A Study of the Newsstand Prices of Magazines.âJournal of Econometrics 31, no. 3:255-274.
[36] Chahrour, Ryan A. 2011. âSales and Price Spikes in Retail Scanner Data.âEconomics Letters 110, no.2:143-146.
[37] Chevalier, Judith A. and Anil K. Kashyap. 2011. âBest prices.âNBER Working Paper 16680.
- [38] Christiano, Lawrence J., Martin Eichenbaum, and Charles L. Evans. 2005. âNominal Rigidities and the Dynamic Eects of a Shock to Monetary Policy.âJournal of Political Economy 113, no.1:1â45.
Paper not yet in RePEc: Add citation now
[39] Costain, James and Anton Nakov. 2011. âDistributional Dynamics under Smoothly StateDependent Pricing.âJournal of Monetary Economics 58, no.6â8:646-665.
[4] Baharad, Eyal and Benjamin Eden. 2004. âPrice Rigidity and Price Dispersion: Evidence from Micro Data.âReview of Economic Dynamics 7, no.3:613-641.
[40] Dhyne, Emmanuel, Luis J. Ãlvarez, Hervà Le Bihan, Giovanni Veronese, Daniel Dias, Johannes Homann, Nicole Jonker, Patrick LÃnnemann, Fabio Rumler, and Jouko Vilmunen, 2005. âPrice Setting in the Euro Area: Some Stylized Facts from Individual Consumer Price Data,â Working Paper 524, European Central Bank.
[41] Dotsey, Michael and Robert G. King. 2005. âImplications of State-dependent Pricing for Dynamic Macroeconomic Models.âJournal of Monetary Economics 52, no.1:213-242.
[42] Eichenbaum, Martin, Nir Jaimovich, and Sergio Rebelo. 2011. âReference Prices and Nominal Rigidities.âAmerican Economic Review 101, no.1:234-262.
[43] Eichenbaum, Martin, Nir Jaimovich, Sergio Rebelo, and Josephine Smith. 2012. âHow Frequent Are Small Price Changes?âmimeo, Northwestern University.
[44] Eberly, Janice C. 1994. âAdjustment of ConsumersâDurables Stocks: Evidence from Automobile Purchases.âJournal of Political Economy 102, no.1:403-36.
[45] Eden, Benjamin. 1994. âThe Adjustment of Prices to Monetary Shocks When Trade Is Uncertain and Sequential.âJournal of Political Economy 102, no.3:493-509.
[46] Eden, Benjamin. 2001. âInâation and Price Adjustment: An Analysis of Microdata.âReview of Economic Dynamics 4, no.3:607-636.
[47] Fabiani, Silvia, Martine Druant, Ignacio Hernando, Claudia Kwapil, Bettina Landau, Claire Loupias, Fernando Martins, Thomas MathÃ, Roberto Sabbatini, Harald Stahl, and Ad Stokman. 2006. âWhat FirmsâSurveys Tell Us about Price-Setting Behavior in the Euro Area.â International Journal of Central Banking, September:3-48.
[48] Gagnon, Etienne. 2009. âPrice Setting during Low and High Inâation: Evidence from Mexico.â Quarterly Journal of Economics 124, no.4:1221-1263.
[49] Gertler, Mark and John Leahy. 2008. âA Phillips Curve with an Ss Foundation.â Journal of Political Economy 116, no.3:533-572.
[5] Ball, Laurence M., and David Romer. 1990. âReal Rigidities and the Non-neutrality of Money.â Review of Economic Studies 57, no.2:183â203.
[50] Golosov, Mikhail and Robert E. Lucas Jr. 2007. âMenu Costs and Phillips Curves.âJournal of Political Economy, 115:171-199.
[51] Gopinath, Gita and Oleg Itskhoki. 2010. âFrequency of Price Adjustment and Pass-Through.â Quarterly Journal of Economics 125, no.2:675-727.
[53] Gorodnichenko, Yuriy. 2010. âEndogenous Information, Menu Costs and Inâation Persistence.â mimeo, University of California - Berkeley.
- [55] Kara, Engin. 2011. âUnderstand and Modelling Reset Price Inâation.â Discussion Paper 11.623. University of Bristol.
Paper not yet in RePEc: Add citation now
- [56] Karadi, Peter and Adam Rei. 2010. âInâation Asymmetry, Menu Costs and Aggregation Bias âA Further Case for State Dependent Pricing.âWorking Papers 20103, Magyar Nemzeti Bank.
Paper not yet in RePEc: Add citation now
[57] Kashyap, Anil K. 1995. âSticky Prices: New Evidence from Retail Catalogs.âQuarterly Journal of Economics 110, no.1:245-74.
[58] Klenow, Peter J. and Oleksiy Kryvtsov. 2008. âState-Dependent or Time-Dependent Pricing: Does It Matter for Recent U.S. Inâation?âQuarterly Journal of Economics 123, no.3:863-904.
[59] Klenow, Peter J. and Benjamin A. Malin. 2010. âMicroeconomic Evidence on Price-Setting.â Handbook of Monetary Economics, Volume 3, Chapter 6, in B. M. Friedman and M. Woodford (editors), pages 231-284.
[6] Barsky, Robert B., Christopher L. House, and Miles S. Kimball. 2007. âSticky-Price Models and Durable Goods.âAmerican Economic Review 97, no. 3:984-998.
[60] Klenow, Peter J. and Jonathan L. Willis. 2006. âReal Rigidities and Nominal Price Changes.âResearch Working Paper RWP 06-03, Federal Reserve Bank of Kansas City.
- [61] Lach, Saul and Daniel Tsiddon. 1992. âThe Behavior of Prices and Inâation: An Empirical Analysis of Disaggregated Price Data.âJournal of Political Economy 100, no.2:349-89.
Paper not yet in RePEc: Add citation now
- [62] Levy, Daniel, Dongwon Lee, Haipeng Chen, Robert J. Kauman, and Mark Bergen. 2011. âPrice Points and Price Rigidity.âReview of Economics and Statistics 93, no.4:1417-1431.
Paper not yet in RePEc: Add citation now
[63] Mackowiak, Bartosz and Frank Smets. 2008. âOn Implications of Micro Price Data for Macro Models.âWorking Paper 960, European Central Bank.
[64] Mackowiak, Bartosz and Mirko Wiederholt. 2009. âOptimal Sticky Prices under Rational Inattention. âAmerican Economic Review 99, no.3:769-803.
[65] Mankiw, N. Gregory and Ricardo Reis. 2002. âSticky Information Versus Sticky Prices: A Proposal To Replace The New Keynesian Phillips Curve.â Quarterly Journal of Economics 117, no.4:1295-1328.
[66] Matejka, Filip and Christopher A. Sims. 2011. âDiscrete Actions in Information-Constrained Tracking Problems.âCERGE-EI Working Papers wp441, The Center for Economic Research and Graduate Education - Economic Institute, Prague.
- [67] Midrigan, Virgiliu. 2011. âMenu-Costs, Multi-Product Firms and Aggregate Fluctuations.â Econometrica 79, no.4:1139-1180.
Paper not yet in RePEc: Add citation now
[68] Nakamura, Emi and JÃn Steinsson. 2008. âFive Facts about Prices: A Reevaluation of Menu Cost Models.âThe Quarterly Journal of Economics 123, no.4:1415-1464.
- [69] Reinsdorf, Marshall. 1994. âNew Evidence on the Relation between Inâation and Price Dispersion. âAmerican Economic Review 84, no.3:720-731.
Paper not yet in RePEc: Add citation now
[7] Barro, Robert J. 1972. âA Theory of Monopolistic Price Adjustment.â Review of Economic Studies 39, no.1:17-26.
- [70] Rotemberg, Julio J. 2004. âFair Pricing.âNBER Working Papers 10915, National Bureau of Economic Research.
Paper not yet in RePEc: Add citation now
[71] Sims, Christopher A. 2003. âImplications of Rational Inattention.âJournal of Monetary Economics 50, no.3:665-690.
[72] Sheshinski, Eytan and Yoram Weiss. 1977. âInâation and Costs of Price Adjustment.âReview of Economic Studies 44, no.2:287-303.
[73] Smets, Frank and Rafael Wouters, 2007. âShocks and Frictions in US Business Cycles: A Bayesian DSGE Approach,âAmerican Economic Review 97, no.3:586-606.
[74] Taylor, John B. 1980. âAggregate Dynamics and Staggered Contracts.â Journal of Political Economy 88, no.1:1-23.
- [75] Woodford, Michael. 2003a. Interest and Prices. Princeton, NJ, Princeton University Press.
Paper not yet in RePEc: Add citation now
- [76] Woodford, Michael. 2003b. âImperfect Common Knowledge and the Eects of Monetary Policy. âIn P. Aghion, R. Frydman, J. Stiglitz, and M. Woodford, eds. Knowledge, Information, and Expectations in Modern Macroeconomics: In Honor of Edmund S. Phelps. Princeton, NJ, Princeton University Press.
Paper not yet in RePEc: Add citation now
- [77] Woodford, Michael. 2008. âInattention as a Source of Randomized Discrete Adjustment.â mimeo, Columbia University.
Paper not yet in RePEc: Add citation now
[78] Woodford, Michael. 2009. âInformation-Constrained State-Dependent Pricing.â Journal of Monetary Economics 56, (Supplement):S100-S124.
- [79] Wulfsberg, Fredrik. 2009. âPrice Adjustments and Inâation - Evidence from Norwegian Consumer Price Data 1975-2004.âWorking Paper 2009/11, Norges Bank.
Paper not yet in RePEc: Add citation now
[8] Berger, David and Joseph Vavra. 2011. âDynamics of the U.S. Price Distribution.âYale University.
[9] Bils, Mark and Peter J. Klenow. 2004. âSome Evidence on the Importance of Sticky Prices.â Journal of Political Economy 112, no.5:947-985.