Non-price rigidity and cost of adjustment

Article Abstract:

Periods of rigidity in the activities connected to the introduction of new products and the discontinuation of old product are documented using scanner data from a large supermarket chain in the U.S. It is found that new products are less likely to be introduced and old products are less likely to be discontinued on major U.S. Holidays most likely due to the higher cost of changing the prices.

Analysis, Economic aspects, New products, Product introduction, New technique, Menu costs (Economics)

---

Asymmetric price adjustment: evidence from weekly product-level scanner price data

Article Abstract:

Asymmetric price responses is examined by studying a unique, highly disaggregate retailer - and product-level time series at a major supermarket chain. Evidence implies an efficiency-based rationale for asymmetric price responses.

---

Similar abstracts:

• Abstracts: Trade credit and customer relationships. Bank borrowing constraints and the demand for trade credit: evidence from panel data
• Abstracts: Institutions, markets and men's and women's wage inequality: evidence from Ukraine. Determinants of unemployment duration in Ukraine
• Abstracts: Multiple dimensions of private information: evidence from the long-term care insurance market. Why parents play favorites: explanations for unequal bequests
• Abstracts: The Fed's monetary policy rule and U.S. inflation: the case of asymmetric preferences. Inflation persistence and robust monetary policy design
• Abstracts: Dynamic competition in pharmaceuticals: cross-national evidence from new drug diffusion. Benefits and costs of newer drugs: an update

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.