Using unique retail and wholesale price data for 4,532 products carried by a major Midwestern grocery retailer, we find … evidence of significant retail price rigidity during the Thanksgiving through Christmas holiday period relative to the rest of … the year. We suggest that this pattern of holiday retail price rigidity is best explained by an increased opportunity cost …

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

In this study, we empirically examine the extent of price rigidity using a unique store-level time series data set … used consumer product categories. We simultaneously examine the extent of price rigidity for each of the twelve products at … both, final goods and intermediate goods levels. We study two notions of price rigidity employed in the existing literature …

We study micro price dynamics and their macroeconomic implications using daily scanner data from 1988 to 2013. We … prices are almost as flexible as those in the U.S. and Euro area. Third, the heterogeneity of frequency and size of price … regular price revisions and the frequency of sales are significantly correlated with the macroeconomic environment in …

After the collapse of the asset price bubble, especially over the period of declining prices of goods and services from … price adjustment. Nevertheless, over the same period, inflation persistence has been observed from the year-on-year percent … changes in the Consumer Price Index (CPI). How can we interpret this micro and macro information consistently? Motivated by …

Using business survey data, we estimate an ordered probit model to explain the occurrence of producer price increases … main driver of producer price changes. Changes in firms' labor costs, their production level, or the producer price index … of their industry contribute less to the occurrence of price changes. Moreover, when they face a change in their costs …

This paper presents original evidence on price setting in the euro area at the individual level. We use micro data on … sticky and more so than in the US; (ii) there is evidence of heterogeneity and of asymmetries in price setting behaviour …; (iii) downward price rigidity is only slightly more marked than upward price rigidity and (iv) implicit or explicit …

This paper presents original evidence on price setting in the euro area at the individual level. We use micro data on … sticky and more so than in the US; (ii) there is evidence of heterogeneity and of asymmetries in price setting behaviour …; (iii) downward price rigidity is only slightly more marked than upward price rigidity and (iv) implicit or explicit …

the steady-state distribution of price adjustments in microdata; realism calls for firm-specific shocks. Computing a …