Jump to ContentJump to Main Navigation
Pricing Decisions in the Euro AreaHow Firms Set Prices and Why$
Users without a subscription are not able to see the full content.

Silvia Fabiani, Claire Suzanne Loupias, Fernando Manuel Monteiro Martins, and Roberto Sabbatini

Print publication date: 2007

Print ISBN-13: 9780195309287

Published to Oxford Scholarship Online: September 2007

DOI: 10.1093/acprof:oso/9780195309287.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 23 October 2020

Asymmetries in Price Setting

Asymmetries in Price Setting

Some Evidence from French Survey Data

(p.83) 5 Asymmetries in Price Setting
Pricing Decisions in the Euro Area

Claire Loupias

Roland Ricart

Oxford University Press

This chapter reports the results on price setting asymmetries of French manufacturing companies from a survey conducted by the Banque de France during winter 2003–04. Price increases are more likely (70 percent) than price decreases (30 percent) among price changes. The magnitude of positive price changes over the year 2003 (3 percent for the median increase) is lower than the one of negative price changes (−5 percent). Asymmetries are found to be different for cost shocks compared to demand shocks: prices are more rigid downward than upward for cost shocks, while the reverse is true for demand shocks (prices are more rigid upward than downward).

Keywords:   French companies, price setting, survey, price rigidity, asymmetries

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .