Plausibly Exogenous [1904] - Price Setting (04/20/2025)

LHS Variable
Price setting behavior

RHS Variable
Inflation

Source of Exogenous Variation
Transition in the polish economy in the 1990s when the planned system was abolished, price controls were removed on almost all goods and services, exchange and import controls were relaxed and firms were freed from restrictions on the choice of suppliers

- Konieczny and Skrzypacz (2005), “Inflation and price setting in a natural experiment”