Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/249199 
Erscheinungsjahr: 
2021
Schriftenreihe/Nr.: 
Working Paper No. 2021-02
Verlag: 
Bar-Ilan University, Department of Economics, Ramat-Gan
Zusammenfassung: 
We study different notions of sale and regular prices, and their variability with store pricing-formats. We use data from three large stores with different pricing-formats (EDLP/Hi-Lo/Hybrid) that are located within 1-km radius. Importantly, the data contain both the actual transaction prices and the actual regular prices as displayed on the store shelves. We combine these data with two 'generated' regular price series and study their rigidity. Regular-price rigidity varies with store-formats because different format stores define regular-prices differently. Correspondingly, the meaning of price-cuts varies across store-formats. To interpret the findings, we consider the store pricing format distribution across the US.
Schlagwörter: 
Price Rigidity
Sticky Prices
Regular Prices
Sale Prices
Filtered Prices
Reference Prices
Transaction Prices
Price Cuts
Pricing Format
Every Day Low Price (EDLP)
Hi-Lo
Hybrid
JEL: 
E31
Dokumentart: 
Working Paper

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