We survey the recent empirical and theoretical developments in the literature on the relation
between prices and exchange rates. After updating some of the major findings in the …

The last decade has seen a burst of micro price studies. Many studies analyze data
underlying national CPIs and PPIs. Others focus on more granular subnational grocery store …

ABSTRACT I study how online competition, with its algorithmic pricing technologies and the
transparency of the Internet, can change the pricing behavior of large retailers and affect …

Using a unique dataset of daily US and UK price listings and the associated number of clicks
for precisely defined goods from a major shopping platform, we shed new light on how …

We document basic facts about prices in online markets in the United States and Canada,
which is a rapidly growing segment of the retail sector. Relative to prices in regular stores …

This paper documents the differences in pricing strategies between online and offline (brick-
and-mortar) channels. We collect price data for identical products from leading online …

In workhorse macroeconomic models, price dispersion is a central determinant of welfare,
the cost of business cycles, optimal inflation, and the tradeoff between inflation and output …

We model the decision to travel across an international border as a trade-off between
benefits derived from buying a range of products at lower prices and the costs of travel. We …

Using fiction book transactions from Tmall. com, the largest online business-to-consumer
(B2C) platform in China, this study comprehensively examines the significant factors that …

This paper provides a theoretical and empirical analysis of the effects of nominal exchange
rate movements on retail firms' sales, emphasizing the role of cross-border travel by …