Search Results

SORT BY: PREVIOUS / NEXT
Keywords:Retail sales 

Report
Informational Rigidities and the Stickiness of Temporary Sales

We use unique price data to study how retailers react to underlying cost changes. Temporary sales account for 95% of price changes in our data. Simple models would, therefore, suggest that temporary sales play a central role in price responses to cost shocks. We find, however, that, in response to a wholesale cost increase, the entire increase in retail prices comes through regular price increases. Sales actually respond temporarily in the opposite direction from regular prices, as though to conceal the price hike. Additional evidence from responses to commodity cost and local unemployment ...
Staff Report , Paper 513

FILTER BY year

FILTER BY Content Type

Report 1 items

Working Paper 1 items

FILTER BY Author

Anderson, Eric 1 items

Malin, Benjamin A. 1 items

Nakamura, Emi 1 items

Simester, Duncan 1 items

Starr-McCluer, Martha 1 items

Steinsson, Jon 1 items

show more (1)

FILTER BY Jel Classification

D12 1 items

E21 1 items

E30 1 items

E32 1 items

L11 1 items

M30 1 items

show more (1)

FILTER BY Keywords

Consumption 1 items

Regular retail prices 1 items

Seasonal fluctuations 1 items

Trade deals 1 items

Weather 1 items

show more (1)

PREVIOUS / NEXT