Regional Price Rigidity in China

时间：2020年11月20日（周五）10：00-11：30 am

地点：北京大学经济学院107教室

主持人： （国发院）沈艳、黄卓、孙振庭、张俊妮、胡博

              （经济学院）王一鸣、王熙、刘蕴霆

主讲人：陈拓

报告摘要：

Using the product-level high-frequency price data, we have documented following stylized facts on the price rigidity in China: (1) Nation-wide price duration is 7-8 months, while it is 9-11 months in the US; (2) There exists huge heterogeneity among product categories; (3) There exists huge heterogeneity among provinces and cities; (4) Temporary sales do not play a big role in China, while they do in the US; (5) Symmetric price increases and decreases are observed in China while it is not symmetric in the US.

主讲人简介：

陈拓：清华大学经管学院，2018年获美国哥伦比亚大学经济学博士学位。主要研究兴趣在宏观经济学和金融，特别是经济增长和不平等，并运用微观数据研究宏观问题。