We study the cyclical properties of sales, regular price changes and average prices paid by consumers ("effective …

We study the cyclical properties of sales, regular price changes and average prices paid by consumers (""effective …

rate. Multiple margins of adjustment (frequency of price changes, direction of price changes, size of price changes, exit … our dataset to show that degree of competition, stickiness of prices, synchronization of price changes, reputation of … sellers, and returns to search effort are important determinants of pass-through and speed of price adjustment for …