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List of Tables
Mexican Evidence on Consumer Price Setting and Inflation
Empirical Performance of Menu Cost Models
absolute magnitude actual price average frequency average magnitude average price Beta distribution calibration Chebyshev Chebyshev nodes Chebyshev polynomials coefficients compute constant menu costs consumer prices consumption Dhyne distribution of price economy Euro area Figure firms frequency and magnitude frequency of price Golosov and Lucas Golosov-Lucas model hazard function high inflation high-inflation idiosyncratic shocks Impulse response increases and decreases individual prices inflation is high inflation is low inflation rate inflation variance Klenow large number large price changes last price levels of inflation logit magnitude of price menu cost shocks menu costs model Mexican Mexico Midrigan monetary injection month movements NEtG nodes nonregulated services offsetting effect parameters price adjustment price decreases price quotes price setting price stickiness price trajectory prices collected pricing models product categories regressors sample period sector sequence small price changes Sticky Prices technology shocks time-dependent models unimodal distribution unprocessed food value added tax value functions