Relative Price Dispersion

Nicholas Trachter, Leena Rudanko, Guido Menzio and Greg Kaplan
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Leena Rudanko: Federal Reserve Bank of Philadelphia

No 417, 2015 Meeting Papers from Society for Economic Dynamics

Abstract: Using scanner data we document some interesting patterns of pricing. We document significant differences in (1) overall price levels across stores, and (2) deviations of individual prices from the store average price. We build a model of spatial price discrimination to explore these phenomena.

Date: 2015
New Economics Papers: this item is included in nep-com, nep-ger and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:red:sed015:417

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