an empirical analysis of price setting behaviour in the netherlands period 1998 2003 using micro data1 2 september 2004 nicole jonkera carsten folkertsmaa and harry blijenbergb ade nederlandsche bank amsterdam b statistics voorburg this paper we examine pricing retail firms during a large database with monthly quotes 49 articles representing different product types have conducted study order to gain sight degree nominal rigidity consumer prices find that energy unprocessed food are most flexible whereas services stickiest multivariate shows firm size matters being small consisting owners only furthermore investigate pass through effects vat changes increases almost completely passed on consumers finally there is some evidence indicating was introduction euro than directly preceding it key words frequency change cox regression
