Fig. 6From: The limits of internal devaluation: Switzerland during the great depressionCounterfactual Price Rigidities.Notes Results are based on 5000 draws from the posterior distribution, median outcomes are reported. Small \(\omega\) implies an average duration of prices being effective of 50 months, while medium \(\omega\) implies 100 months. \(\omega\) estimated implies a median duration of prices of 182 monthsBack to article page