We study a unique dataset with comprehensive coverage of daily prices in large multi-product retailers in Israel …

traded-goods prices exhibit significant inertia in the face of shocks such as exchange rate changes. This paper uses a … wholesale prices for UPC (Universal Product Code)-level products. Markup adjustments by manufacturers and the retailer explain …

answer this question the authors use a dataset with product-level retail prices and wholesale costs for a large grocery chain … border gaps in prices and costs co-move almost one-to-one with changes in the U.S.-Canadian nominal exchange rate. They show …