全球智库信息集成服务系统(G2TT): Why Don't Prices Rise During Periods of Peak Demand? Evidence from Scanner Data

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w7981
来源ID	Working Paper 7981
	Why Don't Prices Rise During Periods of Peak Demand? Evidence from Scanner Data
	Judith A. Chevalier; Anil K. Kashyap; Peter E. Rossi
发表日期	2000-10-19
出版年	2000
语种	英语
摘要	We examine the retail prices and wholesale prices of a large supermarket chain in Chicago over seven and one-half years. We show that prices tend to fall during the seasonal demand peak for a product and that changes in retail margins account for most of those price changes; thus we add to the growing body of evidence that markups are counter-cyclical. The pattern of margin changes that we observe is consistent with loss leader' models such as the Lal and Matutes (1994) model of retailer pricing and advertising competition. Other models of imperfect competition are less consistent with retailer behavior. Manufacturer behavior plays a more limited role in the counter-cyclicality of prices.
主题	Industrial Organization ; Market Structure and Firm Performance ; Macroeconomics ; Business Cycles
URL	https://www.nber.org/papers/w7981
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/565574
推荐引用方式 GB/T 7714	Judith A. Chevalier,Anil K. Kashyap,Peter E. Rossi. Why Don't Prices Rise During Periods of Peak Demand? Evidence from Scanner Data. 2000.