Price Setting and Inflation Persistence in Austria

Claudia Kwapil () and Fabio Rumler
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Claudia Kwapil: Oesterreichische Nationalbank, Economic Analysis Division, http://www.oenb.at

Monetary Policy & the Economy, 2006, issue 1, 160–164

Abstract: On December 15, 2005, the Oesterreichische Nationalbank (OeNB) held a workshop on “Price Setting and Inflation Persistence in Austria.” The aim of this workshop was to discuss the OeNB's recent research results in the field of price dynamics and inflation1 with policymakers and the scientific community. The papers presented at the workshop analyzed the price formation process and the determinants of inflation persistence in Austria from different perspectives and on the basis of various data sources. The first session addressed the degree and determinants of price rigidities at the micro level. Session 2 provided an analysis of inflation persistence in Austria at the aggregate and sector levels, while session 3 dealt with Austrian consumers' inflation perceptions. A policy panel discussion concluded the workshop.

Keywords: price rigidity; price setting; price perception. (search for similar items in EconPapers)
JEL-codes: D40 E31 (search for similar items in EconPapers)
Date: 2006
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