| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14907 |
| DP14907 Demand or Supply? Price Adjustment during the Covid-19 Pandemic | |
| Almut Balleer; Peter Zorn; Sebastian Link; Manuel Menkhoff | |
| 发表日期 | 2020-06-23 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | We study price-setting behavior in German firm-level survey data to infer the relative importance of supply and demand during the Covid-19 pandemic. Supply and demand forces coexist, but demand shortages dominate in the short run. A reported negative impact of Covid-19 on current business is associated with a rise in the probability to decrease prices up to eleven percentage points. These results imply a role for aggregate demand stabilization policy to buffer the economic consequences of Covid- 19 while containing the pandemic. |
| 主题 | Monetary Economics and Fluctuations |
| 关键词 | Producer price setting Supply Demand Covid-19 Fiscal policy |
| URL | https://cepr.org/publications/dp14907-0 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/543859 |
| 推荐引用方式 GB/T 7714 | Almut Balleer,Peter Zorn,Sebastian Link,et al. DP14907 Demand or Supply? Price Adjustment during the Covid-19 Pandemic. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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