implications for real wage inequality, residential segregation, and future minimum wage increases. I also find that price rigidity …

find a statistically significant negative correlation between the frequency of price changes and the degree of market … prices. Decomposing the frequency of price changes into the frequency of intraday, sale, and regular price changes, we find … manufacturers has a significant and positive effect on the frequency of regular price changes, whereas intra-brand competition among …

In this paper, we examine the role of inventory in the price-setting behavior of a distributive firm. Empirically, we … show that probability of price change has a positive relation to the scale of the retailer's storage and the frequency of … its bargain sales. We also show a negative relation between the frequency of bargain sales and the price elasticity of …

its average price was judged to be higher. The same results were obtained when choices were made a day apart, when price …

strategy. Consequently, this seller optimally experiments with his price. Resulting price patterns show a lot of discreteness … (as observed in the data), which has proved to be a major challenge to most price setting models. The model s learning … dynamics are able to reconcile individual price flexibility with aggregate price sluggishness, while the experimentation motive …