The Price Setting Behavior in Colombia: Evidence from PPI Micro Data

Borradores de Economia
Number: 
483
Published: 
Classification JEL: 
E31, E52, E58
Keywords: 
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy
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In this paper we explore the price setting behavior of Colombian producers and importers using a unique database containing the monthly price reports underlying the Colombian PPI from Jun-1999 to Oct-2006. We focus on five particular questions: 1. Are pri