文章基本信息

标题：Explaining cross-industry heterogeneity in price stickiness.
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作者：Luis Julián Álvarez ; Pablo Burriel ; Ignacio Hernando 等
期刊名称：Economics Bulletin
电子版ISSN：1545-2921
出版年度：2011
卷号：31
期号：1
页码：644-653
出版社：Economics Bulletin
摘要：This note explains cross industry heterogeneity in the frequency of price adjustment. We use the quasi-maximum approach of Papke and Wooldridge (1996) to avoid the shortcomings of OLS regressions to analyse frequencies. We pay particular attention to the role of costs and market competition in explaining cross-industry differences. We find that prices are stickier the higher the labour cost share and the lower are competition and the intermediate input share