Recent analyses of transaction-level datasets have generated new stylized facts on price setting and greatly influenced … the empirical open- and closed-economy macroeconomics literatures. This work has uncovered marked heterogeneity in price … stickiness, demonstrated that even non-zero price changes do not fully "pass through" exchange rate shocks, and offered evidence …

given. A concept of equilibrium in a homogeneous or differentiated oligopoly is used, where simultaneous price and quantity … to a unified approach of the static theory of oligopolistic competition. The very number of active competitors within a …

We explore the role of strategic price-discrimination by retailers for price determination and inflation dynamics. We … seek out low-priced products both across brands and across time. Shoppers always pay the lowest price available, the "best … price". Retailers in this setting optimally choose long periods of constant regular prices punctuated by frequent temporary …

by the retailer results in higher commodity price pass-through into retail prices compared to national brands – 40 …