Karadi, Peter; Amann, Jurgen; Sánchez Bachiller, Javier; … - 2023
We compare supermarket price setting in the US and the euro area and assess its impact on food inflation. We introduce … from the US. We find that both higher frequency and stronger state dependence of price changes contribute to higher … frequently and increase price misalignments, which increase the selection of large price changes. Both facts are well represented …