Baharad, Eyal; Eden, Benjamin - In: Review of Economic Dynamics 7 (2004) 3, pp. 613-641
We use large unpublished data set about the prices by store of 381 products collected by the Israeli Bureau of Statistics during 1991-1992 in the process of computing the CPI. On average 24% of the stores changed their price where the average is over products and months. Using the standard...