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Discussion of "Inflation and Relative Price Asymmetry" by Ratfai, A

Daniel Levy ()

MPRA Paper from University Library of Munich, Germany

Abstract: This is a discussion of Ratfai (2007), presented at the 2007 Macroeconomics Workshop of the Rimini Center for Economic Analysis on "The Macroeconomics of Price Setting," May 10-11, 2007, University of Bologna, Rimini, Italy.

Keywords: Price rigidity and flexibility; Menu cost; Cost of price adjustment; Nominal rigidity; Intrinsic rigidity; Extrinsic rigidity; Common component; Idiosyncratic shock; Frequency of price changes; Asymmetric menu cost; Asymmetric price adjustment; Price change trigger; Heterogeneity; Lumpiness; Lumpy Price Adjustment; Asymmetry; Relative Price Asymmetry; Skewness; SVAR (search for similar items in EconPapers)
JEL-codes: D4 D40 D42 E12 E31 L16 L20 L81 M10 M21 M31 (search for similar items in EconPapers)
Date: 2007-05-10
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