BIS paper presents evidence on Uruguayan price setting
Authors develop survey-based measure of firms’ price-setting behaviour
A group of economists has gathered new evidence on the behaviour of Uruguayan firms when setting prices, using methods which may prove useful to other researchers.
Published on January 16 as a Bank for International Settlements working paper, Fernando Borraz and Gerardo Licandro from the Central Bank of Uruguay and Daniela Sola of the University of Montevideo present evidence from a survey of firms. "There are few studies that analyse price setting from surveys that directly ask companies
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