This paper evaluates the predictions of different price setting theories using a new dataset constructed from a large … on both price realizations and expectations. Aggregating the price data we find clear evidence in favor of state …-dependence; for periods of relatively high and volatile inflation not only the size of price changes (intensive margin) but also the …

with monthly price quotes of 49 articles, representing different product types. We have conducted this study in order to …

Using daily retail prices gathered through web scraping in Mexico, we analyze if price changes can be characterized by … time-dependent features, like the duration of the price spell, and/or by variables associated with the state of the economy …-dependency, on the one hand, estimates indicate that price spells exhibit greater risk of ending every seven days relative to other …

This paper studies asymmetric price responses of individual firms, via daily retail prices of almost all gasoline … the stations respond asymmetrically to changes in the spot market price. Hence, asymmetric pricing is not a feature of the …

In recent years there has been a large increase in the empirical literature on price behavior. As new and detailed data … sets become available, we observe a number of important studies on the microeconomic fundamentals of price setting by firms … and supermarkets across Uruguay to analyze stylized facts about consumer price behavior. Our findings are as follows …

uniform (national) pricing retail chains (UP). We decompose the price changes into the regular price, the frequency, and the … size of promotions. The sale price (i.e., the price paid by consumer purchasing on "sale") increased by 7% within two weeks … and by 2.5% within three months. We then provide an heterogeneity analysis of the regular price variation across stores …

hypothetical "reference" or "non-sale" price series. In this paper, I treat these filters as procedures for decomposing prices into … a slow-moving "attractor price'' component and a series of quickly-reversed temporary price shocks. I argue that sale … and reference price filters each place implausible restrictions on one of these components. As a result, sale filters fail …