| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w28390 |
| 来源ID | Working Paper 28390 |
| Quality and Price Setting of High-Tech Goods | |
| Yuriy Gorodnichenko; Oleksandr Talavera; Nam Hoai Vu | |
| 发表日期 | 2021-01-25 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | This paper investigates the link between product quality and price setting for central processing units (CPUs). Using thousands of price quotes from a popular price-comparison website, we find that market fundamentals, such as the number of sellers, median price, share of convenient prices and level of seller stability, are important factors for explaining price stickiness and price dispersion. We demonstrate that calculations of price inflation require conditioning not only on CPU quality, but also on market fundamentals to ensure that CPU attributes are priced correctly. Failing to do so can result in an understatement of CPU price deflation in the sample period. |
| 主题 | Macroeconomics ; Business Cycles ; Development and Growth ; Growth and Productivity |
| URL | https://www.nber.org/papers/w28390 |
| 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/586064 |
| 推荐引用方式 GB/T 7714 | Yuriy Gorodnichenko,Oleksandr Talavera,Nam Hoai Vu. Quality and Price Setting of High-Tech Goods. 2021. |
| 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 | ||
| w28390.pdf（757KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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