| 来源类型 | Working Paper
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| 规范类型 | 报告
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| DOI | 10.3386/w4759
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| 来源ID | Working Paper 4759
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| Staggering and Synchronization in Price-Setting: Evidence from Multipro-duct Firms |
| Saul Lach; Daniel Tsiddon
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| 发表日期 | 1994-06-01
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| 出版年 | 1994
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| 语种 | 英语
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| 摘要 | Most of the theoretical literature on price-setting behavior deals with the special case in which only a single price is changed. At the retail-store level, at least, where dozens of products are sold by a single price-setter, price-setting policies are not formulated for individual products. This feature of economic behavior raises a host of questions whose answers carry interesting implications. Are price setters staggered in the timing of price changes? Are price changes of different products synchronized within the store? If so, is this a result of aggregate shocks or of the presence of a store- specific component in the cost of adjusting prices? Can observed small changes in prices be rationalized by a menu cost model? We exploit the multiproduct dimension of the dataset on prices used in Lach and Tsiddon (1992a) to explore several of these and other issues. To the best of our knowledge this is the first empirical work on this subject. |
| URL | https://www.nber.org/papers/w4759
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| 来源智库 | National Bureau of Economic Research (United States)
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| 引用统计 |
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/562162
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推荐引用方式
GB/T 7714 |
Saul Lach,Daniel Tsiddon. Staggering and Synchronization in Price-Setting: Evidence from Multipro-duct Firms. 1994.
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文件名：
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w4759.pdf
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格式：
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Adobe PDF
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