Browsing NHH Brage by Author "Webster, Ingeborg Munthe-Kaas"
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Price Change Synchronization within and between Firms
Nilsen, Øivind A.; Skuterud, Håvard; Webster, Ingeborg Munthe-Kaas (SAM DP;15/2021, Working paper, 2021-08)This paper provides evidence on price rigidity at the product- and firm-level in Norway. A strong within-firm synchronization is found supporting the theory of economies of scope in menu costs. The industry synchronization ... -
Synchronization of price changes within firms and industries : a micro-level analysis using PPI data
Skuterud, Håvard; Webster, Ingeborg Munthe-Kaas (Master thesis, 2020)Macroeconomic and monetary policy rely heavily on the assumption of price rigidity in the short run. In the literature there is broad consensus on the existence of such rigidities, but their origins remain to be fully ...