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

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

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Lina Fernanda Torres-Gutierrez, Gonzalo Ossa-Stipcianos, Edwin Mauricio Parra-Rodriguez, Egberto Alexander Riveros, Alvaro José Martinez-Monroy, Julián Andrés Gomez-Duran, Juan Sebastián Rojas-Moreno

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