anticipation effect: during the 31-day period following the start of the Riots, supermarkets reduce the frequency of price changes … and, conditional on a price change, the absolute magnitude of price changes increase. A quantitative menu cost model with …

We study how within-store price variation changes with inflation, and whether households exploit it to attenuate the … inflation burden. We use micro price data for food products sold by 91 large multi-channel retailers in ten countries between … prices within a store: temporary price discounts and differences across similar products. Price changes associated with …

primitive parameters that govern firms' pricing behavior, including the degrees of price rigidity and strategic … complementarities in price setting. Our estimates indicate a high slope for the marginal cost-based Phillips curve, which contrasts with …

the pandemic-era surge in consumer price inflation in the euro area. Initially, supply-chain pressures increased inflation …

find that firms' expected own-price growth has a strong positive correlation with changes in CPI inflation, particularly …

This paper derives the curvature properties of the short-run Phillips curve in a class of canonical models of price …, when economic activity is very high (low), substitution effects within the model-implied true price index imply that …