• Article  

      Global versus local shocks in micro price dynamics 

      Andrade, Philippe; Zachariadis, Marios (2016)
      A number of recent papers point to the importance of distinguishing between the price reaction to macro and micro shocks. We emphasize instead the importance of distinguishing between global and local shocks. We exploit a ...
    • Working Paper  

      Global versus local shocks in micro price dynamics 

      Andrade, Philippe; Zachariadis, Marios (2012)
      A number of recent papers point to the importance of distinguishing between the price reaction to micro and macro shocks in order to reconcile the volatility of individual prices with the observed persistence of aggregate ...
    • Working Paper  

      Global versus local shocks in micro price dynamics 

      Andrade, Philippe; Zachariadis, Marios (2011)
      A number of recent papers point to the importance of distinguishing between the price reaction to micro and macro shocks in order to reconcile the volatility of individual prices with the observed persistence of aggregate ...
    • Working Paper  

      Trends in international prices 

      Andrade, Philippe; Zachariadis, Marios (2010)
      We exploit the panel dimension of a price levels dataset for more than one hundred product items across 140 cities in 90 countries for the period from 1990 to 2009 in order to improve our understanding of international ...