Identifying Price Reviews by Firms: An Econometric Approach
Price reviews are a potentially costly activity. A significant fraction of unchanged prices may stem from firms not reviewing prices, rather than from obstacles to changing prices per se, such as menu costs. In this paper, we disentangle these two causes of price stickiness by estimating an inflated...
| Main Authors: | Harris, Mark, Le Bihan, H., Sevestre, P. |
|---|---|
| Format: | Journal Article |
| Language: | English |
| Published: |
WILEY
2019
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/20.500.11937/78299 |
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