Synchronization versus staggering of price changes in Brazil

Detalhes bibliográficos
Autor(a) principal: Nunes, Evelyn Monteiro Pereira
Data de Publicação: 2010
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Institucional do FGV (FGV Repositório Digital)
Texto Completo: https://hdl.handle.net/10438/6900
Resumo: While several models assume that price changes are staggered over time, both theory and empirical evidence are ambiguous. This work attempts to identify the behavior of price setters by analyzing a large Brazilian data set. It is found an evidence of staggering, but the more aggregated the data are, the closer the price changes are to perfect synchronization. The Brazilian economy also presents a heterogeneous frequency and synchronization of price adjustments among product categories, which also vary with the inflation rate.
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spelling Nunes, Evelyn Monteiro PereiraEscolas::EPGEFGVBarros, Rebecca Wellington dos SantosBrito, Ricardo Dias de OliveiraBonomo, Marco Antônio Cesar2010-08-04T18:50:13Z2010-08-04T18:50:13Z2010-07-20NUNES, Evelyn Monteiro Pereira. Synchronization versus staggering of price changes in Brazil. Dissertação (Mestrado em Economia) - FGV - Fundação Getúlio Vargas, Rio de Janeiro, 2010.https://hdl.handle.net/10438/6900While several models assume that price changes are staggered over time, both theory and empirical evidence are ambiguous. This work attempts to identify the behavior of price setters by analyzing a large Brazilian data set. It is found an evidence of staggering, but the more aggregated the data are, the closer the price changes are to perfect synchronization. The Brazilian economy also presents a heterogeneous frequency and synchronization of price adjustments among product categories, which also vary with the inflation rate.Apesar de diversos modelos assumirem que os preços não se ajustam sincronizadamente, tanto a evidência empírica quanto a teórica são ambíguas. Este trabalho tem por objetivo identificar o comportamento dos reajustes de preço, analisando uma extensa base de dados brasileira. Foi encontrada uma evidência de escalonamento, mas quanto mais agregado são os dados, mais perto da sincronização perfeita eles estão. A economia brasileira também mostrou um alto grau de heterogeneidade, tanto na frequência quanto na sincronização dos ajustes de preço entre os produtos, as quais ainda variam com a taxa de inflação.engPricesSynchronizationStaggeringMonetary policyPreçosSincronizaçãoEscalonamentoPolítica monetáriaEconomiaPreçosPolítica monetáriaSincronizaçãoSynchronization versus staggering of price changes in Brazilinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisinfo:eu-repo/semantics/openAccessreponame:Repositório Institucional do FGV (FGV Repositório Digital)instname:Fundação Getulio Vargas (FGV)instacron:FGVORIGINALPDFPDFapplication/pdf770950https://repositorio.fgv.br/bitstreams/a5d92531-8da7-41da-9ca4-42fa4daf425f/download602a7a41a940936db41a2d5cfb7f6d3aMD51LICENSElicense.txtlicense.txttext/plain; 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dc.title.eng.fl_str_mv Synchronization versus staggering of price changes in Brazil
title Synchronization versus staggering of price changes in Brazil
spellingShingle Synchronization versus staggering of price changes in Brazil
Nunes, Evelyn Monteiro Pereira
Prices
Synchronization
Staggering
Monetary policy
Preços
Sincronização
Escalonamento
Política monetária
Economia
Preços
Política monetária
Sincronização
title_short Synchronization versus staggering of price changes in Brazil
title_full Synchronization versus staggering of price changes in Brazil
title_fullStr Synchronization versus staggering of price changes in Brazil
title_full_unstemmed Synchronization versus staggering of price changes in Brazil
title_sort Synchronization versus staggering of price changes in Brazil
author Nunes, Evelyn Monteiro Pereira
author_facet Nunes, Evelyn Monteiro Pereira
author_role author
dc.contributor.unidadefgv.por.fl_str_mv Escolas::EPGE
dc.contributor.affiliation.none.fl_str_mv FGV
dc.contributor.member.none.fl_str_mv Barros, Rebecca Wellington dos Santos
Brito, Ricardo Dias de Oliveira
dc.contributor.author.fl_str_mv Nunes, Evelyn Monteiro Pereira
dc.contributor.advisor1.fl_str_mv Bonomo, Marco Antônio Cesar
contributor_str_mv Bonomo, Marco Antônio Cesar
dc.subject.eng.fl_str_mv Prices
Synchronization
Staggering
Monetary policy
topic Prices
Synchronization
Staggering
Monetary policy
Preços
Sincronização
Escalonamento
Política monetária
Economia
Preços
Política monetária
Sincronização
dc.subject.por.fl_str_mv Preços
Sincronização
Escalonamento
Política monetária
dc.subject.area.por.fl_str_mv Economia
dc.subject.bibliodata.por.fl_str_mv Preços
Política monetária
Sincronização
description While several models assume that price changes are staggered over time, both theory and empirical evidence are ambiguous. This work attempts to identify the behavior of price setters by analyzing a large Brazilian data set. It is found an evidence of staggering, but the more aggregated the data are, the closer the price changes are to perfect synchronization. The Brazilian economy also presents a heterogeneous frequency and synchronization of price adjustments among product categories, which also vary with the inflation rate.
publishDate 2010
dc.date.accessioned.fl_str_mv 2010-08-04T18:50:13Z
dc.date.available.fl_str_mv 2010-08-04T18:50:13Z
dc.date.issued.fl_str_mv 2010-07-20
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
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status_str publishedVersion
dc.identifier.citation.fl_str_mv NUNES, Evelyn Monteiro Pereira. Synchronization versus staggering of price changes in Brazil. Dissertação (Mestrado em Economia) - FGV - Fundação Getúlio Vargas, Rio de Janeiro, 2010.
dc.identifier.uri.fl_str_mv https://hdl.handle.net/10438/6900
identifier_str_mv NUNES, Evelyn Monteiro Pereira. Synchronization versus staggering of price changes in Brazil. Dissertação (Mestrado em Economia) - FGV - Fundação Getúlio Vargas, Rio de Janeiro, 2010.
url https://hdl.handle.net/10438/6900
dc.language.iso.fl_str_mv eng
language eng
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.source.none.fl_str_mv reponame:Repositório Institucional do FGV (FGV Repositório Digital)
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