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Recent works suggest that convenient prices that match monetary denominations exhibit above-average price rigidity and … prices. This finding confirms that price rigidity can be in part explained by the use of cash to pay convenient prices …
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combine these data with two “generated” regular price series and study their rigidity. Regular-price rigidity varies with … store-formats because different format stores define regular-prices differently. Correspondingly, the meaning of price …
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This paper presents evidence on the amount of price rigidity that exists in individual transaction prices. Using the … important findings are: 1.The degree of price rigidity in many industries is significant. It is not unusual in some industries … commodities, the correlation of price changes across buyers is very low. 3.There is no evidence that there is an asymmetry in …
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