Title of article
Synchronization due to common shocks? Evidence from German grocery prices
Author/Authors
Jens-Peter Loy، نويسنده , , Christoph R. Weiss، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2004
Pages
5
From page
123
To page
127
Abstract
Using unique panel data for German grocery prices, we find significant price synchronization within retail chains and between products. Common shocks can only explain some synchronization, indicating that strategic motives as well as menu costs are of significant importance
Keywords
staggering , Fixed-effects probit model , Synchronization
Journal title
Economics Letters
Serial Year
2004
Journal title
Economics Letters
Record number
435522
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