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Price Rigidity and Flexibility: New Empirical Evidence
Levy, Daniel - Volkswirtschaftliche Fakultät, … - 2007
The marketplace, along with its price system, is the single most important institution in a western-style free enterprise economy. The ability of prices to adjust to changes in supply and demand conditions enables the market to function efficiently and lies behind the magical invisible hand...
Persistent link: https://www.econbiz.de/10005835391
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Price Setting and Price Adjustment in Some European Union Countries: Introduction to the Special Issue
Levy, Daniel; Smets, Frank - Department of Economics, Bar Ilan University - 2010
This introductory essay briefly summarizes the eleven empirical studies of price setting and price adjustment that are included in this special issue. The studies, which use data from several European countries, were conducted as part of the European Central Bank’s Inflation Persistence Network.
Persistent link: https://www.econbiz.de/10008873304
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Price Setting and Price Adjustment in Some European Union Countries: Introduction to the Special Issue
Levy, Daniel; Smets, Frank - Deutsche Zentralbibliothek für … - 2010
This introductory essay briefly summarizes the eleven empirical studies of price setting and price adjustment that are included in this special issue. The studies, which use data from several European countries, were conducted as part of the European Central Bank’s Inflation Persistence...
Persistent link: https://www.econbiz.de/10011095355
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Price Setting and Price Adjustment in Some European Union Countries: Introduction to the Special Issue
Levy, Daniel; Smets, Frank - Volkswirtschaftliche Fakultät, … - 2010
This introductory essay briefly summarizes the eleven empirical studies of price setting and price adjustment that are included in this special issue. The studies, which use data from several European countries, were conducted as part of the European Central Bank’s Inflation Persistence Network.
Persistent link: https://www.econbiz.de/10008777363
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Shattering the Myth of Costless Price Changes: Emerging Perspectives on Dynamic Pricing
Bergen, Mark; Dutta, Shantanu; Levy, Daniel; Ritson, Mark; … - Department of Economics, Bar Ilan University - 2003
In this paper we argue that pricing is all about price changes, and that the costs of price changes are often … future pricing processes, and an understanding of the role that supply chains play in price change strategy. The framework … processes should be invested in to improve pricing effectiveness in the future. …
Persistent link: https://www.econbiz.de/10010615354
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Pricing Better
Ray, Sourav; Wang, Li; Levy, Daniel; Bergen, Mark - 2019
field experiment, we assess such impact of ESL by studying how it shapes retail pricing practices and outcomes. Our general … role in pricing. To the best of our knowledge, ours is the first study to explore and quantify how ESL interacts with … retail strategy to affect retail pricing practices and retail outcomes. …
Persistent link: https://www.econbiz.de/10012052133
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Pricing better
Ray, Sourav; Wang, Li; Levy, Daniel; Bergen, Mark - 2019
field experiment, we assess such impact of ESL by studying how it shapes retail pricing practices and outcomes. Our general … role in pricing. To the best of our knowledge, ours is the first study to explore and quantify how ESL interacts with … retail strategy to affect retail pricing practices and retail outcomes. …
Persistent link: https://www.econbiz.de/10012387264
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Shattering the Myth of Costless Price Changes: Emerging Perspectives on Dynamic Pricing
Bergen, Mark; Dutta, Shantanu; Levy, Daniel; Ritson, Mark; … - 2003
In this paper we argue that pricing is all about price changes, and that the costs of price changes are often … future pricing processes, and an understanding of the role that supply chains play in price change strategy. The framework … processes should be invested in to improve pricing effectiveness in the future. …
Persistent link: https://www.econbiz.de/10013204739
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3 Lessons from Hyperinflationary Periods
Bergen, Mark; Bergen, Thomas; Levy, Daniel; Semenov, Rose - In: Harvard Business Review (2022) Forthcoming
Inflation is painful, for firms, customers, employees, and society. But careful study of periods of hyperinflation point to ways that firms can adapt. In particular, companies need to think about how to change prices regularly and cheaply — because constant price changes can ultimately be...
Persistent link: https://www.econbiz.de/10013457198
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Price setting and price adjustment in some European Union countries: Introduction to the special issue
Levy, Daniel; Smets, Frank - 2010
This introductory essay briefly summarizes the eleven empirical studies of price setting and price adjustment that are included in this special issue. The studies, which use data from several European countries, were conducted as part of the European Central Bank's Inflation Persistence Network.
Persistent link: https://www.econbiz.de/10010336066