Comment on “Micro Price Dynamics during Japan's Lost Decades”
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منابع مشابه
Micro Price Dynamics During Japan's Lost Decades
We study micro price dynamics and their macroeconomic implications using daily scanner data from 1988 to 2013. We provide five facts. First, posted prices in Japan are ten times as flexible as those in the U.S. scanner data. Second, regular prices are almost as flexible as those in the U.S. and Euro area. Third, the heterogeneity of frequency and size of price change across products is sizable ...
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ژورنال
عنوان ژورنال: Asian Economic Policy Review
سال: 2014
ISSN: 1832-8105
DOI: 10.1111/aepr.12046