Temporary sales prices and findings of asymmetric vertical price transmission in scanner data

摘要: The impact of temporary sales prices on the estimation and testing vertical price transmission is investigated using a scanner dataset retail butter in Germany. To this end we first employ several methods that have been proposed literature to filter out by identifying underlying reference prices. Then compare estimates from wholesale level are generated with raw filtered Our results indicate tend make appear more rapid asymmetric. These add new potential cause empirical findings asymmetry those already identified literature.