Heterogeneity in Price Rigidity: Evidence from a Case Study Using Microlevel Data

By Daniel Levy, D. Dutta, D. Bergen. 2002

123 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Consumer Price Adjustment Under the Microscope: Germany in a Period of Low Inflation (2006, unknown): “Moreover, we find – as Levy et al (2002) did – that grocery prices respond to product-specific input price shocks.”
Why Are Prices Sticky? The Dynamics of Wholesale Gasoline Prices (2004, background): “We nevertheless reject the menu-cost model as a literal description of these firms’ behavior, arguing instead that price stickiness arises from strategic considerations of how customers and competitors will react to price changes.”
Evaluating Microfoundations for Aggregate Price Rigidities: Evidence from Matched Firm-Level Data on Product Prices and Unit Labor Cost (2012, unknown): “9There is also a micro-data literature relating retail prices to costs (wholesale/spot prices for the vended product); see e.g. Levy, Dutta, and Bergen (2002), Davis and Hamilton (2004) and Eichenbaum, Jaimovic, and Rebelo (2008) or, taking a broader perspective, looking at detailed PPI or CPI data…”