{"id":"https://openalex.org/W2168545909","doi":null,"title":"Inflation Persistence When Price Stickiness Differs Between Industries","display_name":"Inflation Persistence When Price Stickiness Differs Between Industries","publication_year":2007,"publication_date":"2007-11-01","ids":{"openalex":"https://openalex.org/W2168545909","mag":"2168545909"},"language":"en","primary_location":{"id":"pmh:oai:eprints.lse.ac.uk:3738","doi":null,"is_oa":false,"landing_page_url":"https://orcid.org/0000-0002-0247-6323>","pdf_url":null,"source":{"id":"https://openalex.org/S4306401593","display_name":"London School of Economics and Political Science Research Online (London School of Economics and Political Science)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I909854389","host_organization_name":"London School of Economics and Political Science","host_organization_lineage":["https://openalex.org/I909854389"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"Monograph"},"volume":null,"type":"book","indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://researchonline.lse.ac.uk/id/eprint/3738/1/Inflation_Persistence_When_Price_Stickiness_Differs_Between_Industries.pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5009464787","display_name":"Kevin D. Sheedy","orcid":"https://orcid.org/0000-0002-0247-6323","observed_orcids":["https://orcid.org/0000-0002-0247-6323"]},"institutions":[{"id":"https://openalex.org/I909854389","display_name":"London School of Economics and Political Science","ror":"https://ror.org/0090zs177","country_code":"GB","type":"education","lineage":["https://openalex.org/I124357947","https://openalex.org/I909854389"]}],"countries":["GB"],"is_corresponding":true,"raw_author_name":"Kevin D. Sheedy","raw_affiliation_strings":["London  School of Economics"],"raw_orcid":"https://orcid.org/0000-0002-0247-6323","affiliations":[{"raw_affiliation_string":"London  School of Economics","institution_ids":["https://openalex.org/I909854389"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5009464787"],"corresponding_institution_ids":["https://openalex.org/I909854389"],"apc_list":null,"apc_paid":null,"fwci":1.8691,"has_fulltext":true,"cited_by_count":14,"citation_normalized_percentile":{"value":0.89147287,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":97},"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9990000128746033,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9990000128746033,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.00019999999494757503,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11898","display_name":"Economics of Agriculture and Food Markets","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/inflation-persistence","display_name":"inflation persistence","score":1.0},{"id":"https://openalex.org/keywords/sticky-prices","display_name":"price stickiness","score":0.9919999837875366},{"id":"https://openalex.org/keywords/price-adjustment-frequency","display_name":"price adjustment frequency","score":0.7400000095367432},{"id":"https://openalex.org/keywords/sectoral-heterogeneity","display_name":"sectoral heterogeneity","score":0.8519999980926514},{"id":"https://openalex.org/keywords/firm-heterogeneity","display_name":"firm heterogeneity","score":0.6129999756813049},{"id":"https://openalex.org/keywords/macroeconomic-shocks","display_name":"macroeconomic shocks","score":0.7720000147819519},{"id":"https://openalex.org/keywords/price-flexibility","display_name":"price flexibility","score":0.5289999842643738}],"concepts":[{"id":"https://openalex.org/C2781009140","wikidata":"https://www.wikidata.org/wiki/Q7170389","display_name":"Persistence (discontinuity)","level":2,"score":0.8655359745025635},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.8185252547264099},{"id":"https://openalex.org/C200941418","wikidata":"https://www.wikidata.org/wiki/Q273508","display_name":"Inflation (cosmology)","level":2,"score":0.8090652227401733},{"id":"https://openalex.org/C2781300812","wikidata":"https://www.wikidata.org/wiki/Q178061","display_name":"Shock (circulatory)","level":2,"score":0.7165882587432861},{"id":"https://openalex.org/C3019439881","wikidata":"https://www.wikidata.org/wiki/Q1200230","display_name":"Price setting","level":2,"score":0.6765850186347961},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.5927918553352356},{"id":"https://openalex.org/C185782297","wikidata":"https://www.wikidata.org/wiki/Q2142538","display_name":"Relative price","level":2,"score":0.4942188560962677},{"id":"https://openalex.org/C2993018946","wikidata":"https://www.wikidata.org/wiki/Q488732","display_name":"Price shock","level":2,"score":0.4388354420661926},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.4199933707714081},{"id":"https://openalex.org/C111280770","wikidata":"https://www.wikidata.org/wiki/Q2414538","display_name":"Producer price index","level":4,"score":0.41855835914611816},{"id":"https://openalex.org/C34881761","wikidata":"https://www.wikidata.org/wiki/Q1936341","display_name":"Price level","level":2,"score":0.3934954106807709},{"id":"https://openalex.org/C162889289","wikidata":"https://www.wikidata.org/wiki/Q6841075","display_name":"Mid price","level":3,"score":0.2125047743320465},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.17818385362625122},{"id":"https://openalex.org/C71924100","wikidata":"https://www.wikidata.org/wiki/Q11190","display_name":"Medicine","level":0,"score":0.0},{"id":"https://openalex.org/C187320778","wikidata":"https://www.wikidata.org/wiki/Q1349130","display_name":"Geotechnical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0},{"id":"https://openalex.org/C126322002","wikidata":"https://www.wikidata.org/wiki/Q11180","display_name":"Internal medicine","level":1,"score":0.0},{"id":"https://openalex.org/C33332235","wikidata":"https://www.wikidata.org/wiki/Q18362","display_name":"Theoretical physics","level":1,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0}],"mesh":[],"locations_count":7,"locations":[{"id":"pmh:oai:eprints.lse.ac.uk:3738","doi":null,"is_oa":false,"landing_page_url":"https://orcid.org/0000-0002-0247-6323>","pdf_url":null,"source":{"id":"https://openalex.org/S4306401593","display_name":"London School of Economics and Political Science Research Online (London School of Economics and Political Science)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I909854389","host_organization_name":"London School of Economics and Political Science","host_organization_lineage":["https://openalex.org/I909854389"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"Monograph"},{"id":"pmh:oai:RePEc:cep:cepdps:dp0838","doi":null,"is_oa":false,"landing_page_url":"https://cep.lse.ac.uk/pubs/download/dp0838.pdf","pdf_url":"https://cep.lse.ac.uk/pubs/download/dp0838.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:researchonline.lse.ac.uk:3738","doi":null,"is_oa":true,"landing_page_url":"https://orcid.org/0000-0002-0247-6323>","pdf_url":"https://researchonline.lse.ac.uk/id/eprint/3738/1/Inflation_Persistence_When_Price_Stickiness_Differs_Between_Industries.pdf","source":{"id":"https://openalex.org/S4306400050","display_name":"London School of Economics and Political Science Theses Online (London School of Economics and Political Science)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I909854389","host_organization_name":"London School of Economics and Political Science","host_organization_lineage":["https://openalex.org/I909854389"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Working paper"},{"id":"pmh:oai:CiteSeerX.psu:10.1.1.177.4596","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.177.4596","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://cep.lse.ac.uk/pubs/download/dp0838.pdf","raw_type":"text"},{"id":"mag:2168545909","doi":null,"is_oa":false,"landing_page_url":"https://econpapers.repec.org/paper/cepcepdps/dp0838.htm","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null},{"id":"mag:3141341543","doi":null,"is_oa":false,"landing_page_url":"http://personal.lse.ac.uk/sheedy/papers/HeterogeneousPriceStickiness.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S2764460092","display_name":"LSE Research Online Documents on Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":"https://openalex.org/P4361727514","host_organization_name":"London School of Economics and Political Science","host_organization_lineage":["https://openalex.org/P4361727514","https://openalex.org/P4310311730"],"host_organization_lineage_names":["London School of Economics and Political Science","University of London"],"type":"journal"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"LSE Research Online Documents on Economics","raw_type":null},{"id":"pmh:oai:RePEc:ehl:lserod:3738","doi":null,"is_oa":false,"landing_page_url":"http://eprints.lse.ac.uk/3738/","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"}],"best_oa_location":{"id":"pmh:oai:researchonline.lse.ac.uk:3738","doi":null,"is_oa":true,"landing_page_url":"https://orcid.org/0000-0002-0247-6323>","pdf_url":"https://researchonline.lse.ac.uk/id/eprint/3738/1/Inflation_Persistence_When_Price_Stickiness_Differs_Between_Industries.pdf","source":{"id":"https://openalex.org/S4306400050","display_name":"London School of Economics and Political Science Theses Online (London School of Economics and Political Science)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I909854389","host_organization_name":"London School of Economics and Political Science","host_organization_lineage":["https://openalex.org/I909854389"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Working paper"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[{"id":"https://openalex.org/F4320334630","display_name":"Economic and Social Research Council","ror":"https://ror.org/03n0ht308"}],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2168545909.pdf","grobid_xml":"https://content.openalex.org/works/W2168545909.grobid-xml"},"referenced_works_count":24,"referenced_works":["https://openalex.org/W1486385617","https://openalex.org/W1509266323","https://openalex.org/W1578666065","https://openalex.org/W1995278743","https://openalex.org/W2019551238","https://openalex.org/W2024108674","https://openalex.org/W2053602335","https://openalex.org/W2057013615","https://openalex.org/W2080138959","https://openalex.org/W2081858470","https://openalex.org/W2113332070","https://openalex.org/W2124357853","https://openalex.org/W2133492060","https://openalex.org/W2161469370","https://openalex.org/W2189139855","https://openalex.org/W2890450911","https://openalex.org/W2896561002","https://openalex.org/W3121293400","https://openalex.org/W3123064957","https://openalex.org/W3123935426","https://openalex.org/W3124141533","https://openalex.org/W3124366478","https://openalex.org/W3125692735","https://openalex.org/W3126061893"],"related_works":["https://openalex.org/W7095873932","https://openalex.org/W4393450632","https://openalex.org/W3007394595","https://openalex.org/W2080138959","https://openalex.org/W7009773991","https://openalex.org/W3121948903","https://openalex.org/W2063853221","https://openalex.org/W3096325603","https://openalex.org/W7097038444","https://openalex.org/W1571319514"],"abstract_inverted_index":{"There":[0],"is":[1,17,57,77],"much":[2,94],"evidence":[3],"that":[4,14,46],"price-adjustment":[5],"frequencies":[6],"vary":[7],"widely":[8],"across":[9],"industries.":[10],"This":[11],"paper":[12],"shows":[13],"inflation":[15,92],"persistence":[16,33,93],"lower":[18],"with":[19,68],"heterogeneity":[20],"in":[21,34,39],"price":[22,43,84],"stickiness":[23],"than":[24],"without":[25],"it,":[26],"taking":[27],"as":[28],"given":[29],"the":[30,40,47],"degree":[31],"of":[32,42,49,64,75],"variables":[35],"affecting":[36],"inflation.":[37],"Differences":[38],"frequency":[41],"adjustment":[44],"mean":[45],"pool":[48],"firms":[50,65,76],"which":[51],"responds":[52],"to":[53,80,96],"any":[54,82],"macroeconomic":[55],"shock":[56,88],"unrepresentative,":[58],"containing":[59],"a":[60,87],"disproportionately":[61],"large":[62],"number":[63],"from":[66],"industries":[67],"more":[69,78],"flexible":[70],"prices.":[71],"Consequently,":[72],"this":[73],"group":[74],"likely":[79],"reverse":[81],"initial":[83],"change":[85],"after":[86],"has":[89],"dissipated,":[90],"making":[91],"harder":[95],"explain.":[97]},"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2016,"cited_by_count":3},{"year":2015,"cited_by_count":2},{"year":2013,"cited_by_count":2},{"year":2012,"cited_by_count":1}],"updated_date":"2026-10-27T15:51:10.671819","created_date":"2016-06-24T00:00:00"}