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Asymmetric Adjustment Costs, Asymmetric Pricing and Employment: Evidence from the UK

✍ Scribed by Sean Holly; Paul Turner

Book ID
108538693
Publisher
John Wiley and Sons
Year
2001
Tongue
English
Weight
319 KB
Volume
48
Category
Article
ISSN
0036-9292

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Asymmetric price adjustment: evidence fr
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✍ Georg MΓΌller; Sourav Ray πŸ“‚ Article πŸ“… 2007 πŸ› John Wiley and Sons 🌐 English βš– 209 KB

## Abstract We investigate asymmetric price responses by considering a unique, highly disaggregate retailer‐ and product‐level time series at a major supermarket chain. We find asymmetry exists, but is limited in scope and there is no evidence of a pervasive chain wide asymmetric pricing strategy.