Retail price dynamics and retailer heterogeneity: UK evidence
We examine retailer heterogeneity in price adjustment in UK supermarkets. Considerable variation in the price change frequency of identically bar-coded products among retail chains is found. Decomposition analysis suggests that price adjustment is evenly split between sales and reference prices with...
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| Sprache: | eng |
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| Zusammenfassung: | We examine retailer heterogeneity in price adjustment in UK supermarkets. Considerable variation in the price change frequency of identically bar-coded products among retail chains is found. Decomposition analysis suggests that price adjustment is evenly split between sales and reference prices with substantive variation across retailers. |
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| DOI: | 10.1016/j.econlet.2014.06.032 |