Glauben Sie wirklich, dass eine Mikrowelle für 14,99 Euro ein gutes Geschäft ist, und es mit rechten Dingen zugeht, wenn ein Kilo Fleisch 2,99 kostet? Und wer bezahlt, was Kleidung und Handys aus Fernost wirklich kosten?

Online price dispersion has remained a puzzle for many years. In this article, we test the effects of a range of factors identified in the literature including vendor strategy, market structure, vendor heterogeneity and the time dimension. We use a dataset collected from the Amazon.com,...

This paper assesses the dynamic pass-through of crude oil price shocks to retail fuel prices using a novel database on monthly retail fuel prices for 162 countries. The impulse response functions suggest that on average, a one cent increase in crude oil prices per liter translates into a 1.2...