We study the price rigidity of regular and sale prices, and how it is affected by pricing formats (i.e., pricing … strategies). We use data from three large Canadian stores with different pricing formats (Every-Day-Low-Price, Hi-Lo, and Hybrid … regular prices as displayed on the store shelves. We combine these data with two “generated” regular price series (filtered …

The literature on costs of price adjustment has long argued that changing prices is a complex and costly process. In … fact, some authors have suggested that we should think of firms' price-setting activities as "producing" prices, similar to … this view, that besides observing costs of price adjustment, we should also expect to see firm-level investments in capital …

revenues, 35.2% of net margins, and $0.52/price change. These menu costs may be forming a barrier to price changes …. Specifically, (1) a supermarket chain facing higher menu costs (due to item pricing laws which require a separate price tag on each …

We combine two data sets to study price rigidity. The first consists of weekly time series of retail, wholesale, and …

We empirically study the price adjustment process at multiproduct retail stores. We use a unique store level data set … during the price change process. We also discuss various aspects of the microeconomic environment in which the price … adjustment decisions are made, factors affecting the price adjustment decisions, and firm-level implications of price adjustment …

We empirically study the price adjustment process at multiproduct retail stores. We use a unique store level data set … during the price change process. We also discuss various aspects of the microeconomic environment in which the price … adjustment decisions are made, factors affecting the price adjustment decisions, and firm‐level implications of price adjustment …