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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Bibliografiska uppgifter
Huvudupphovsman: Coibion, Olivier
Övriga upphovsmän: Gorodnichenko, Yuriy, Hong, Gee Hee
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2012.
Serie:IMF Working Papers; Working Paper ; No. 2012/207
Länkar:Full text available on IMF