Borraz, Fernando; Livan, Giacomo; Rodríguez-Martínez, … - In: Latin American journal of central banking : LAJCB 3 (2022) 1, pp. 1-15
This paper uses a rich weekly price database from the largest supermarket in Uruguay to analyze the relationship among … alleviate much of the price rigidity in economic recessions. We also studied sales behavior through a principal component … sector’s variance in price dynamics. These components are significantly correlated with variations in unemployment and …