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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w25138 |
来源ID | Working 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 |
URL | https://www.nber.org/papers/w25138 |
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/582812 |
推荐引用方式 GB/T 7714 | Alberto Cavallo. More Amazon Effects: Online Competition and Pricing Behaviors. 2018. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w25138.pdf(383KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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