2010•Managerial and Decision EconomicsOpen access

Price setting and price adjustment in some European Union Countries: introduction to the special issue

Daniel Lévy, Frank R. Smets

Abstract

Abstract This introductory essay briefly summarizes the 11 empirical studies of price setting and price adjustment that are included in this special issue. The studies, which use data from several European countries, were conducted as part of the European Central Bank's Inflation Persistence Network. Copyright © 2010 John Wiley & Sons, Ltd.

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Key concepts: Price setting, Inflation (cosmology), Economics, European union, Incomes policy, International economics, Macroeconomics, Price level