Price Stickiness and Sectoral Inflation Persistence: Additional Evidence

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Price Stickiness and Sectoral Inflation Persistence: Additional Evidence

In this paper, using U.S. as well as French sectoral data and indicators of price rigidity, we reexamine the (lack of) relation between price stickiness and inflation persistence. This has recently been put forward by Bils and Klenow (2004) as evidence against time-dependent price setting models. We...

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Bibliographic Details
Main Authors:	Le Bihan, Herve, Matheron, J.
Format:	Journal Article
Published:	2012
Online Access:	http://hdl.handle.net/20.500.11937/56343

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