PRICE POINTS AND PRICE RIGIDITY
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Levy, Daniel | - |
dc.contributor.author | Lee, Dongwon | - |
dc.contributor.author | Chen, Haipeng (Allan) | - |
dc.contributor.author | Kauffman, Robert J. | - |
dc.contributor.author | Bergen, Mark | - |
dc.date.accessioned | 2021-09-07T06:44:51Z | - |
dc.date.available | 2021-09-07T06:44:51Z | - |
dc.date.created | 2021-06-18 | - |
dc.date.issued | 2011-11 | - |
dc.identifier.issn | 0034-6535 | - |
dc.identifier.uri | https://scholar.korea.ac.kr/handle/2021.sw.korea/111283 | - |
dc.description.abstract | We study the link between price points and price rigidity using two data sets: weekly scanner data and Internet data. We find that "9'' is the most frequent ending for the penny, dime, dollar, and ten-dollar digits; the most common price changes are those that keep the price endings at "9''; 9-ending prices are less likely to change than non-9-ending prices; and the average size of price change is larger for 9-ending than non-9-ending prices. We conclude that 9-ending contributes to price rigidity from penny to dollar digits and across a wide range of product categories, retail formats, and retailers. | - |
dc.language | English | - |
dc.language.iso | en | - |
dc.publisher | MIT PRESS | - |
dc.subject | ADJUSTMENT | - |
dc.subject | COSTS | - |
dc.subject | INFLATION | - |
dc.subject | FREQUENCY | - |
dc.title | PRICE POINTS AND PRICE RIGIDITY | - |
dc.type | Article | - |
dc.contributor.affiliatedAuthor | Lee, Dongwon | - |
dc.identifier.doi | 10.1162/REST_a_00178 | - |
dc.identifier.scopusid | 2-s2.0-84861212642 | - |
dc.identifier.wosid | 000296331900022 | - |
dc.identifier.bibliographicCitation | REVIEW OF ECONOMICS AND STATISTICS, v.93, no.4, pp.1417 - 1431 | - |
dc.relation.isPartOf | REVIEW OF ECONOMICS AND STATISTICS | - |
dc.citation.title | REVIEW OF ECONOMICS AND STATISTICS | - |
dc.citation.volume | 93 | - |
dc.citation.number | 4 | - |
dc.citation.startPage | 1417 | - |
dc.citation.endPage | 1431 | - |
dc.type.rims | ART | - |
dc.type.docType | Article | - |
dc.description.journalClass | 1 | - |
dc.description.journalRegisteredClass | ssci | - |
dc.description.journalRegisteredClass | scopus | - |
dc.relation.journalResearchArea | Business & Economics | - |
dc.relation.journalResearchArea | Mathematical Methods In Social Sciences | - |
dc.relation.journalWebOfScienceCategory | Economics | - |
dc.relation.journalWebOfScienceCategory | Social Sciences, Mathematical Methods | - |
dc.subject.keywordPlus | ADJUSTMENT | - |
dc.subject.keywordPlus | COSTS | - |
dc.subject.keywordPlus | INFLATION | - |
dc.subject.keywordPlus | FREQUENCY | - |
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