| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w21931 |
| 来源ID | Working Paper 21931 |
| Relative Price Dispersion: Evidence and Theory | |
| Greg Kaplan; Guido Menzio; Leena Rudanko; Nicholas Trachter | |
| 发表日期 | 2016-02-01 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | We use a large dataset on retail pricing to document that a sizeable portion of the cross-sectional variation in the price at which the same good trades in the same period and in the same market is due to the fact that stores that are, on average, equally expensive set persistently different prices for the same good. We refer to this phenomenon as relative price dispersion. We argue that relative price dispersion stems from sellers' attempts to discriminate between high-valuation buyers who need to make all of their purchases in the same store, and low-valuation buyers who are willing to purchase different items from different stores. We calibrate our theory and show that it is not only consistent with the extent and sources of dispersion in the price that different sellers charge for the same good, but also with the extent and sources of dispersion in the prices that different households pay for the same basket of goods, as well as with the relationship between prices paid and the number of stores visited by different households. |
| 主题 | Microeconomics ; Market Structure and Distribution ; Economics of Information ; Macroeconomics ; Business Cycles ; Industrial Organization ; Market Structure and Firm Performance |
| URL | https://www.nber.org/papers/w21931 |
| 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/579605 |
| 推荐引用方式 GB/T 7714 | Greg Kaplan,Guido Menzio,Leena Rudanko,et al. Relative Price Dispersion: Evidence and Theory. 2016. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w21931.pdf（926KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
