How Frequent Are Small Price Changes?

Martin S. Eichenbaum, Nir Jaimovich, Sergio Rebelo, Josephine Smith

NBER Working Paper No. 17956
Issued in March 2012

---- Acknowledgements -----

This research was conducted with restricted access to the Bureau of Labor Statistics data. We thank the Bureau of Labor Statistics staff, particularly, Randy Verbrugge, Bill Thompson, and Rob Cage, for their assistance and guidance in using the data. The views expressed here are those of the authors and do not necessarily reflect the views of the Bureau of Labor Statistics. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

---- Disclosure of Financial Relationships for Martin S. Eichenbaum -----

Non-teaching compensated activities: 2009 through 2012 (excludes token honoraria).

Co-editor, American Economic Review, 2011 - .

Associate Editor, Journal of Monetary Economics, 1989 – 2010.

Federal Reserve Bank of Atlanta, advisor.

Federal Reserve Bank of Chicago, advisor.

Jefferies Associates, economic outlook talk.

Hightower Associates, consultant.

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