• Title of article

    Menu costs, firm strategy, and price rigidity

  • Author/Authors

    Ann Owen، نويسنده , , David Trzepacz، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2002
  • Pages
    5
  • From page
    345
  • To page
    349
  • Abstract
    After controlling for chain-specific effects, higher menu costs are associated with a slight decrease in the probability of a price change and an increase in the size of a price change. Firm strategy is more influential in determining the incidence and magnitude of a price change.
  • Keywords
    Sticky prices , Menu costs
  • Journal title
    Economics Letters
  • Serial Year
    2002
  • Journal title
    Economics Letters
  • Record number

    434999

    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=10&DC=434999