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The Distribution of the Size of Price Changes

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NBER2011-02-01 更新2025-01-04 收录
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Different theories of price stickiness have distinct implications on the number of modes in the distribution of price changes. We formally test for the number of modes in the price change distribution of 36 supermarkets, spanning 22 countries and 5 continents. We present results for three modality

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2011-02-01
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