Retail price dynamics and retailer heterogeneity: UK evidence
作者： T.A. Lloyd , S. McCorriston , C.W. Morgan , E. Poen , E. Zgovu
DOI: 10.1016/J.ECONLET.2014.06.032
关键词:
摘要: We examine retailer heterogeneity in price adjustment UK supermarkets. Considerable variation the change frequency of identically bar-coded products among retail chains is found. Decomposition analysis suggests that evenly split between sales and reference prices with substantive across retailers.
core.ac.uk
bournemouth.ac.uk参考文章(23)
Olivier Coibion, Yuriy Gorodnichenko, Gee Hee Hong, THE CYCLICALITY OF SALES, REGULAR AND EFFECTIVE PRICES: BUSINESS CYCLE AND POLICY IMPLICATIONS The American Economic Review. ,vol. 105, pp. 993- 1029 ,(2015) , 10.1257/AER.20121546
Peter Berck, Jennifer Brown, Jeffrey M. Perloff, Sofia Berto Villas-Boas, Sales: Tests of theories on causality and timing International Journal of Industrial Organization. ,vol. 26, pp. 1257- 1273 ,(2008) , 10.1016/J.IJINDORG.2007.12.007
Philip Bunn, Colin Ellis, Examining The Behaviour Of Individual UK Consumer Prices The Economic Journal. ,vol. 122, pp. 35- 55 ,(2012) , 10.1111/J.1468-0297.2011.02490.X
Laurent Baudry, Hervé Le Bihan, Patrick Sevestre, Sylvie Tarrieu, What do Thirteen Million Price Records have to Say about Consumer Price Rigidity Oxford Bulletin of Economics and Statistics. ,vol. 69, pp. 139- 183 ,(2007) , 10.1111/J.1468-0084.2007.00473.X
Martin Eichenbaum, Nir Jaimovich, Sergio Rebelo, Reference Prices, Costs, and Nominal Rigidities The American Economic Review. ,vol. 101, pp. 234- 262 ,(2011) , 10.1257/AER.101.1.234
Martin Eichenbaum, Nir Jaimovich, Sergio Rebelo, Josephine Smith, How Frequent Are Small Price Changes American Economic Journal: Macroeconomics. ,vol. 6, pp. 137- 155 ,(2014) , 10.1257/MAC.6.2.137
Daniel Hosken, David Reiffen, Patterns of Retail Price Variation The RAND Journal of Economics. ,vol. 35, pp. 128- 146 ,(2004) , 10.2307/1593733
Emi Nakamura, Jón Steinsson, Five Facts about Prices: A Reevaluation of Menu Cost Models* Quarterly Journal of Economics. ,vol. 123, pp. 1415- 1464 ,(2008) , 10.1162/QJEC.2008.123.4.1415
Alice O. Nakamura, Emi Nakamura, Leonard I. Nakamura, Price dynamics, retail chains and inflation measurement Journal of Econometrics. ,vol. 161, pp. 47- 55 ,(2011) , 10.1016/J.JECONOM.2010.09.005
Emi Nakamura, PASS-THROUGH IN RETAIL AND WHOLESALE The American Economic Review. ,vol. 98, pp. 430- 437 ,(2008) , 10.1257/AER.98.2.430