Microeconomic Evidence on Price-Setting

By Peter J. Klenow, Benjamin A. Malin. 2010

481 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/49ed23379a799932080ba8f99d81ef13165355f0

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In Economics and Econometrics

Citations in the corpus

International Prices and Exchange Rates (2013, unknown): “Movements in real and nominal exchange rates are driven by monetary shocks, motivated by the evidence presented in Mussa (1986). This is the approach adopted in Chari et al.”
The International Price System (2015, methodology): “With the proliferation of micro datasets on prices, there is now a large empirical literature surveyed in Klenow and Malin (2010) that documents considerable price stickiness, especially for wholesale/producer prices.”
Price Setting With Menu Cost for Multiproduct Firms (2014, unknown): “Econometrica, Vol. 82, No. 1 (January, 2014), 89–135”
Scraped Data and Sticky Prices (2016, unknown): “These studies produced a set of stylized facts, summarized by Klenow and Malin (2010), which have been used to motivate many theoretical papers.”
Macroeconomic Policy in the Time of COVID-19 (2020, background): “Prices may also be more flexible in developing countries, weakening the transmission from financial markets to the real economy, especially in countries with histories of high inflation (Klenow and Malin 2010).”
Pricing-to-Market: Evidence From Plant-Level Prices (2014, background): “In both cases, by conditioning on the price changes having been previously synchronized across markets, we can control for changes in marginal cost using fixed effects, hence isolating the co-movement of relative markups with exchange rates.”
Inflation Dynamics and Time-Varying Volatility: New Evidence and an Ss Interpretation* (2014, background): “Klenow and Malin (2011) provides brief evidence of the relationship between first and higher moments of inflation and calls for additional attention to this topic.”
THE MORPHOLOGY OF PRICE DISPERSION (2015, unknown): “Indeed, a number of authors have found evidence for this type of pricing behavior using store-level data (see Klenow and Malin, 2010, for an overview).17 If pricing cycles are short relative to the unit of time over which we measure price dispersion (a quarter), the price dispersion that originates…”
Are Sticky Prices Costly? Evidence from the Stock Market (2016, unknown): “See Klenow and Malin (2010) and Nakamura and Steinsson (2013) for recent reviews of this literature.”
The Billion Prices Project: Using Online Prices for Measurement and Research (2016, background): “Klenow and Malin (2010) provide stickiness results with CPI”