This paper provides new insight into the relationship between inflation and the setting of
individual prices by examining a large data set of Mexican consumer prices covering …

We study the impact of large exchange rate devaluations on the cost of living at different
points on the income distribution. Poor households spend relatively more on tradeable …

Using an extensive micro-price panel, we find a positive cross-sectional relationship
between LOP persistence and the distribution margin, which we measure using sectoral US …

In this paper, we use a novel data set containing prices from bazaars, convenience stores,
and supermarkets in Istanbul to re-examine the relationship between price dispersion and …

This paper uses a novel dataset of weekly sampled store-level prices to study the impact of
sticky prices on the volatility and persistence of intranational deviations from the Law of One …

The main purpose of the present study is to reveal the effects of economic policies, as one of
the macro environmental factors that affect the marketing, on the sale of automobiles. Eight …

Volatile and persistent real exchange rates are observed not only in aggregate series but
also in micro-price data at the retail level. Kehoe and Midrigan (2007) recently showed that …

We present a psychological model of stress. Appraisal translates stressors into subjective
stress. Stress reduces instantaneous utility of an individual directly and via cognitive load …

If pricing is state dependent, firms are more likely to adjust whenever aggregate and
idiosyncratic shocks reinforce each other and trigger desired price changes in the same …

We present a menu-cost pricing model with a large but finite number n of firms. A firm's
nominal price increase lowers other firms' relative prices, thereby inducing further nominal …