Measuring the importance of the uniform nonsynchronization hypothesis

Detalhes bibliográficos
Autor(a) principal: Dias, Daniel
Data de Publicação: 2006
Outros Autores: Marques, Carlos Robalo, Silva, João Santos
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.5/23763
Resumo: In this paper we critically reappraise some measures of the importance of time- dependent price setting rules and propose an alternative way to gauge the signi - cance of this type of price setting behaviour. The merits of the proposed measure are highlighted in an application using micro-data. Our results suggest that a large proportion of price trajectories may be compatible with simple time-dependent price setting mechanisms but the strength of this evidence very much depends on the way that is used to evaluate the importance of this type of behaviour.
id RCAP_0210b91cf96738decf537d1ac1cd5e25
oai_identifier_str oai:www.repository.utl.pt:10400.5/23763
network_acronym_str RCAP
network_name_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository_id_str 7160
spelling Measuring the importance of the uniform nonsynchronization hypothesisTime-Dependent Price Setting ModelsUniform StaggeringPerfect SynchronizationIn this paper we critically reappraise some measures of the importance of time- dependent price setting rules and propose an alternative way to gauge the signi - cance of this type of price setting behaviour. The merits of the proposed measure are highlighted in an application using micro-data. Our results suggest that a large proportion of price trajectories may be compatible with simple time-dependent price setting mechanisms but the strength of this evidence very much depends on the way that is used to evaluate the importance of this type of behaviour.Banco de PortugalRepositório da Universidade de LisboaDias, DanielMarques, Carlos RobaloSilva, João Santos2022-03-11T14:16:44Z20062006-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/23763engDias, Daniel. Carlos Robalo Marques e João Santos Silva (2006). "Measuring the importance of the uniform nonsynchronization hypothesis". Banco de Portugal. Economic and Research Department. Working Papers nº 2 | 2006info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:53:22Zoai:www.repository.utl.pt:10400.5/23763Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:07:54.740445Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Measuring the importance of the uniform nonsynchronization hypothesis
title Measuring the importance of the uniform nonsynchronization hypothesis
spellingShingle Measuring the importance of the uniform nonsynchronization hypothesis
Dias, Daniel
Time-Dependent Price Setting Models
Uniform Staggering
Perfect Synchronization
title_short Measuring the importance of the uniform nonsynchronization hypothesis
title_full Measuring the importance of the uniform nonsynchronization hypothesis
title_fullStr Measuring the importance of the uniform nonsynchronization hypothesis
title_full_unstemmed Measuring the importance of the uniform nonsynchronization hypothesis
title_sort Measuring the importance of the uniform nonsynchronization hypothesis
author Dias, Daniel
author_facet Dias, Daniel
Marques, Carlos Robalo
Silva, João Santos
author_role author
author2 Marques, Carlos Robalo
Silva, João Santos
author2_role author
author
dc.contributor.none.fl_str_mv Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Dias, Daniel
Marques, Carlos Robalo
Silva, João Santos
dc.subject.por.fl_str_mv Time-Dependent Price Setting Models
Uniform Staggering
Perfect Synchronization
topic Time-Dependent Price Setting Models
Uniform Staggering
Perfect Synchronization
description In this paper we critically reappraise some measures of the importance of time- dependent price setting rules and propose an alternative way to gauge the signi - cance of this type of price setting behaviour. The merits of the proposed measure are highlighted in an application using micro-data. Our results suggest that a large proportion of price trajectories may be compatible with simple time-dependent price setting mechanisms but the strength of this evidence very much depends on the way that is used to evaluate the importance of this type of behaviour.
publishDate 2006
dc.date.none.fl_str_mv 2006
2006-01-01T00:00:00Z
2022-03-11T14:16:44Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.5/23763
url http://hdl.handle.net/10400.5/23763
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Dias, Daniel. Carlos Robalo Marques e João Santos Silva (2006). "Measuring the importance of the uniform nonsynchronization hypothesis". Banco de Portugal. Economic and Research Department. Working Papers nº 2 | 2006
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Banco de Portugal
publisher.none.fl_str_mv Banco de Portugal
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
_version_ 1799131173468766208

Registros relacionados