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...
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Andre forfattere: | , |
Format: | Tidsskrift |
Sprog: | English |
Udgivet: |
Washington, D.C. :
International Monetary Fund,
2012.
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Serier: | IMF Working Papers; Working Paper ;
No. 2012/207 |
Online adgang: | Full text available on IMF |