Zobrazeno 1 - 3
of 3
pro vyhledávání: '"Rodolfo Rigato"'
Persistent Monetary Non-neutrality in an Estimated Menu Cost Model with Partially Costly Information
Publikováno v:
American Economic Journal: Macroeconomics. 15:466-505
We propose a model that reconciles microeconomic evidence of frequent and large price changes with sizable monetary non-neutrality. Firms incur separate lump-sum costs to change prices and to gather and process some information about marginal costs.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::ca32b359ccae4e37837d379b5e27c5a3
https://doi.org/10.1257/mac.20190241
https://doi.org/10.1257/mac.20190241
Publikováno v:
The Economic Journal. 133:905-927
We study a unique dataset with comprehensive coverage of daily prices in large multi-product retailers in Israel. Retail stores synchronise price changes around occasional ‘peak’ days when they reprice around 10% of their products. To assess aggr
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::35b58d14d2b83931ce60c2c821a0181c
https://doi.org/10.1093/ej/ueac088
https://doi.org/10.1093/ej/ueac088
Publikováno v:
SSRN Electronic Journal.
We study a unique dataset with comprehensive coverage of daily prices in large multi-product retailers in Israel. Retail stores synchronize price changes around occasional “peak” days when they reprice around 10% of their products. To assess aggr
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::9e331cc6e43c34c55568aef31618f25c
https://doi.org/10.2139/ssrn.3590402
https://doi.org/10.2139/ssrn.3590402