This thesis studies price data and tries to unravel the underlying economic processes of why firms have chosen these prices. It focuses on three aspects of price setting. First, it studies whether the existence of a suggested price has a coordinating effect on the prices of firms. Second, it studies whether firms adjust their prices asymmetrically to changes in costs. Third, it studies the effects of European integration policy on consumer prices.

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M.C.W. Janssen (Maarten)
Erasmus University Rotterdam , Thela Thesis, Amsterdam
Tinbergen Instituut Research Series
Erasmus School of Economics

Faber, R. (2010, April 27). Prices and Price Setting (No. 471). Tinbergen Instituut Research Series. Retrieved from