The data and programs replicate tables and figures from \"The Macroeconomics of Sticky Prices with Generalized Hazard Functions\", by Alvarez, Lippi, and Oskolkov.
This paper introduces Scraped Data as a new source of micro-price information to measure price stickiness. Scraped data, collected from online retailers, have no time averaging or imputed prices that
The inclusion of a durable goods sector in sticky-price models has strong and unexpected implications. Even if most prices are flexible, a small durable goods sector with sticky prices may be sufficie
