The Cyclicality of Sales, Regular and Effective Prices : Business Cycle and Policy Implications /

We study the cyclical properties of sales, regular price changes and average prices paid by consumers ("effective" prices) in a dataset containing prices and quantities sold for numerous retailers across a variety of U.S. metropolitan areas. Both the frequency and size of sales fall when l...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Coibion, Olivier
Awduron Eraill: Gorodnichenko, Yuriy, Hong, Gee Hee
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2012.
Cyfres:IMF Working Papers; Working Paper ; No. 2012/207
Mynediad Ar-lein:Full text available on IMF