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Sales and price spikes in retail scanner data

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Author Info

  • Chahrour, Ryan A.

Abstract

Price filters used by macroeconomists place strong restrictions on "regular price" series. I propose a new price filter and show that, while many pricing facts are robust to filter specification, implications for price duration depend on the choice of filter.

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Bibliographic Info

Article provided by Elsevier in its journal Economics Letters.

Volume (Year): 110 (2011)
Issue (Month): 2 (February)
Pages: 143-146

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Handle: RePEc:eee:ecolet:v:110:y:2011:i:2:p:143-146

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Web page: http://www.elsevier.com/locate/ecolet

Related research

Keywords: Scanner data Price setting Price stickiness;

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Cited by:
  1. Etienne Gagnon & David López-Salido & Nicolas Vincent, 2012. "Individual Price Adjustment along the Extensive Margin," NBER Working Papers 18213, National Bureau of Economic Research, Inc.
  2. Emi Nakamura & Jón Steinsson, 2013. "Price Rigidity: Microeconomic Evidence and Macroeconomic Implications," NBER Working Papers 18705, National Bureau of Economic Research, Inc.
  3. Eric Anderson & Emi Nakamura & Duncan Simester & Jón Steinsson, 2013. "Informational Rigidities and the Stickiness of Temporary Sales," NBER Working Papers 19350, National Bureau of Economic Research, Inc.
  4. Kevin J. Fox & Iqbal A. Syed, 2014. "Price Discounts and the Measurement of Inflation," Discussion Papers 2014-05, School of Economics, The University of New South Wales.
  5. Luminita Stevens, 2011. "Pricing Regimes in Disaggregated Data," 2011 Meeting Papers 1389, Society for Economic Dynamics.

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