Not all price endings are created equal: Price points and asymmetric price rigidity
نویسندگان
چکیده
منابع مشابه
Price Points and Price Rigidity
We study the link between price points and price rigidity, using two datasets: weekly scanner data, and Internet data. We find that (i) “9” is the most frequently used price-ending for the penny, dime, dollar and ten-dollar digits, (ii) the most common price changes are those that keep the price endings at these “9” digits, (iii) the 9-ending prices are less likely to change in comparison to no...
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The regulated price policy may be implemented for some products. It is generally implemented for some products such as electricity, natural gas, water and so on that are supplied as monopolist. The regulated price shock on these products may lead to an adjustment in the endowments of primary factors. The aim of this paper is to investigate the effects of a regulated price shock on price indices...
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ژورنال
عنوان ژورنال: Journal of Monetary Economics
سال: 2020
ISSN: 0304-3932
DOI: 10.1016/j.jmoneco.2019.01.005