rate. Multiple margins of adjustment (frequency of price changes, direction of price changes, size of price changes, exit … our dataset to show that degree of competition, stickiness of prices, synchronization of price changes, reputation of … sellers, and returns to search effort are important determinants of pass-through and speed of price adjustment for …

We introduce the real exchange rate volatility curve as a useful device to understand the role of price stickiness in … accounting for deviations from the Law of One Price at the sector level. In the presence of both nominal and real shocks, the … theory predicts that the real exchange rate volatility curve is a U-shaped function of the degree of price stickiness. Using …

integration and price convergence in international markets. Using a panel data set of car prices we examine how the process of … integration has affected cross-country price dispersion in Europe. We find surprisingly strong evidence of convergence towards …

by the elimination of the exchange rate as a source of shocks, in combination with faster adjustment in national price … relative price adjustment …

-series data for 21 EU countries from year 1998 to 2007 from various data resources. We provide strong evidence that the price gap … share of ad valorem tax in total excise tax leads to about a 4 to 5 percent increase in the price gap, with a smaller impact …