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Dynamics of the U.S. Price Distribution

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NBER2015-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w21732
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资源简介:
We use microdata underlying U.S. consumer, producer and import price indices to document how the distribution of price changes evolves over time. Two striking features characterize pricing at each stage of production: 1) Frequency is countercyclical. 2) Frequency is correlated with variance.
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2015-11-01
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