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Euro area (Germany, France, Italy and Spain), the UK and the USA. The result are very different for the countries … 1975 and 1980 after the first (or the second) oil price shock in autumn 1973. During the disinflation period, inflation and … unemployment were the result of the struggle between the wage and price setters trying to influence the distribution of income to …
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We study how within-store price variation changes with inflation, and whether households exploit it to attenuate the … inflation burden. We use micro price data for food products sold by 91 large multi-channel retailers in ten countries between … prices within a store: temporary price discounts and differences across similar products. Price changes associated with …
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