[Home ] [Archive]   [ فارسی ]  
:: Main :: About :: Current Issue :: Search :: Submit ::
Main Menu
Home::
Journal Information::
Articles archive::
For Authors::
For Reviewers::
Registration::
Contact us::
Site Facilities::
::
:: Volume 27, Issue 90 (Quarterly journal of economic research and policies 2019) ::
qjerp 2019, 27(90): 7-56 Back to browse issues page
The Threshold Reaction of Price Setting Behavior Indexes to Inflation Rate Changes: An Application of Price Micro Information to Understand the Changes of Price Rigidity Degree
Saeed Bayat * , Ali Madanizadeh
central bank of iran , saeedb461@gmail.com
Abstract:   (4774 Views)

In this paper we measure the price stickiness in Iran’s economy. More specifically, we use
sub-aggregates data of consumer price index from 1990:3 to 2014:2 to investigate the analyze the frequency and size of price changes and test whether they are affected from the CPI variations. This is important as it determined how much the monetary authority can expect to have influence on the real economy in the short term. We find that price changes happen very frequently in the Iran’s economy averaged approximately around three months. We also find a positive correlation between the frequency and size of the price changes and the inflation rate, where there is a difference between low and high inflation rates. Moreover, we find that in contrast to goods with prices determined in the market, the price regulated goods have no significant relationship with inflation.
 
 
Keywords: Pricing behavior, frequency of price changes, size of price changes
Full-Text [PDF 1509 kb]   (820 Downloads)    
Type of Study: Applicable | Subject: Special
Send email to the article author

Add your comments about this article
Your username or Email:

CAPTCHA


XML   Persian Abstract   Print


Download citation:
BibTeX | RIS | EndNote | Medlars | ProCite | Reference Manager | RefWorks
Send citation to:

bayat S, madanizadeh A. The Threshold Reaction of Price Setting Behavior Indexes to Inflation Rate Changes: An Application of Price Micro Information to Understand the Changes of Price Rigidity Degree . qjerp 2019; 27 (90) :7-56
URL: http://qjerp.ir/article-1-2136-en.html


Rights and permissions
Creative Commons License This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Volume 27, Issue 90 (Quarterly journal of economic research and policies 2019) Back to browse issues page
فصلنامه پژوهشها و سیاستهای اقتصادی Journal of Economic Research and Policies
Persian site map - English site map - Created in 0.05 seconds with 37 queries by YEKTAWEB 4652