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...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Coibion, Olivier
Tác giả khác: Gorodnichenko, Yuriy, Hong, Gee Hee
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2012.
Loạt:IMF Working Papers; Working Paper ; No. 2012/207
Truy cập trực tuyến:Full text available on IMF