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Booms, busts, and price dispersion

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  • Clark, Robert
  • Vincent, Nicolas

Abstract

Using grocery store data we study the relationship between dispersion and the business cycle. Our findings reveal that overall there is no robust and significant relationship; however, these mask important heterogeneity in the cyclicality of dispersion at the category level.

Suggested Citation

  • Clark, Robert & Vincent, Nicolas, 2014. "Booms, busts, and price dispersion," Economics Letters, Elsevier, vol. 124(3), pages 399-401.
    • Handle: RePEc:eee:ecolet:v:124:y:2014:i:3:p:399-401
    DOI: 10.1016/j.econlet.2014.06.007
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    References listed on IDEAS

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    1. Stigler, George J., 2011. "Economics of Information," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 5, pages 35-49.
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    More about this item

    Keywords

    Price dispersion; Business cycles; Scanner data;
    All these keywords.

    JEL classification:

    • E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles
    • D4 - Microeconomics - - Market Structure, Pricing, and Design

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