We use store-level data to document the exact process of changing prices and to directly
measure menu costs at five multistore supermarket chains. We show that changing prices in …

We use a unique store-level data set to directly measure menu costs and to study the price
change process at a large US drugstore chain. We compare and contrast the magnitude of …

The Benefits of Low Inflation: Taking Stock Page 1 The views expressed in this report are
solely those of the author. No responsibility for them should be attributed to the Bank of …

This paper explores the sources of inflation persistence in India in recent years. The cross-
sectional distribution of inflation shows that supply side shocks in the form of relative price …

Empirical evidence on the distribution of relative price changes almost invariably reveals
high kurtosis and a tendency toward right-skewness. Simple mixed distribution models …

Since the beginning of the 1990s, several countries have experienced low inflation; at the
same time, several central banks have explicitly committed themselves to low inflation …

This paper analyses the relationship between inflation and relative price variability, in the
direction of the latter, in two countries with very different inflationary experiences: Argentina …

The immediate purpose of this paper is to examine and compare the potential asymmetric oil
price effects on real GDP growth in two different countries with differing dependence on oil …

This paper investigates the dynamic interactions of the cross‐section distribution of sectoral
price changes and the output growth in the Chinese economy. We compare in depth the …

Der Aufsatz untersucht auf der Basis deutscher Jahresdaten für den Zeitraum 1969-2000
den Zusammenhang zwischen der gesamtwirtschaftlichen Inflationsrate und den höheren …