Nakamura, Alice O.; Nakamura, Emi; Nakamura, Leonard I. - In: Journal of Econometrics 161 (2011) 1, pp. 47-55
We use a large scanner price dataset to study grocery price dynamics. Previous analyses based on store scanner data emphasize differences in price dynamics across products. However, we also document large differences in price movements across different grocery store chains. A variance...