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Borderplex menu evidence for the law of one price

✍ Scribed by Lorenzo Blanco-González; Thomas M. Fullerton Jr.

Book ID: 116421128
Publisher: Elsevier Science
Year: 2006
Tongue: English
Weight: 74 KB
Volume: 90
Category: Article
ISSN: 0165-1765
DOI: 10.1016/j.econlet.2005.04.005

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## Abstract This paper examines nominal price rigidities in an environment, e‐commerce, where literal menu costs can be assumed not to exist. We argue that if we can empirically show that nominal rigidities do still exist in the e‐commerce environment, then it implies that other kinds of costs besi