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

Borradores de Economia
Número: 
483
Publicado: 
Clasificación JEL: 
E31, E52, E58
Palabras clave: 
Price setting behavior, Nominal Price Rigidities, Producers Price Index
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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