Browsing by Subject "Micro prices"

Now showing items 1-5 of 5

    • 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  

      Understanding Law-of-One-Price Deviations across Europe Before and After the Euro 

      Glushenkova, Marina; Zachariadis, Marios (2014-01)
      We use a panel of thousands of good-level prices before and after the euro in order to compare the determinants and understand the evolution of goods price dispersion across Europe during these two periods. We find that ...
    • Article  

      Understanding post-crisis price deviations in Europe: disintegration or mere adjustment? 

      Glushenkova, Marina; Zachariadis, Marios (2016)
      We put together a unique panel of thousands of good-level prices before and after the euro in order to compare the determinants and understand the evolution of goods price dispersion across Europe over time. We find that ...