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来源类型Working Paper
规范类型报告
DOI10.3386/w25138
来源IDWorking Paper 25138
More Amazon Effects: Online Competition and Pricing Behaviors
Alberto Cavallo
发表日期2018-10-08
出版年2018
语种英语
摘要I study how online competition, with its algorithmic pricing technologies and the transparency of the Internet, can change the pricing behavior of large retailers and affect aggregate inflation dynamics. In particular, I show that online competition has raised both the frequency of price changes and the degree of uniform pricing across locations in the U.S. over the past 10 years. These changes make retail prices more sensitive to aggregate ``nationwide" shocks, increasing the pass-through of both gas prices and nominal exchange rate fluctuations.
主题Macroeconomics ; Business Cycles ; Monetary Policy
URLhttps://www.nber.org/papers/w25138
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/582812
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Alberto Cavallo. More Amazon Effects: Online Competition and Pricing Behaviors. 2018.
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