Price Dynamics

February 17–18, 2011

Organizers

This conference brought together researchers from the fields of macroeconomics, industrial organization, and marketing to discuss both theory and measurement of price dynamics and related topics.

Program

“Pain at the Pump: The Effect of Gasoline Prices on New and Used Automobile Markets”

“The Rate of Pass Through Following Different Exchange Rate Shocks”

  • Raphael Auer, Swiss National Bank, and Raphael Schoenle, Brandeis University
  • Discussant: Anthony Landry, Federal Reserve Bank of Dallas
  • Paper (.pdf) » | Watch Video »

“Best Prices”

  • Judy Chevalier, Yale School of Management, and Anil Kashyap, University of Chicago
  • Discussant:  Ariel Burstein, UCLA
  • Paper (.pdf) » | Watch Video »

“Contract Pricing in Consumer Credit Markets”

“From Hyperinflation to Stable Prices: Argentina’s Evidence on Menu Cost Models”

“Menu Costs and Price Rigidities:  Micro Evidence”

  • Eric Anderson, Northwestern University, and Duncan Simester, MIT
  • Discussant: Jeff Campbell, Federal Reserve Bank of Chicago
  • Paper (.pdf) » | Watch Video »

“Prices Are Sticky After All”

“Exporters and Exchange Rates”