In this study, we empirically examine the extent of price rigidity using a unique store-level time series data set … used consumer product categories. We simultaneously examine the extent of price rigidity for each of the twelve products at … both, final goods and intermediate goods levels. We study two notions of price rigidity employed in the existing literature …

Using unique retail and wholesale price data for 4,532 products carried by a major Midwestern grocery retailer, we find … evidence of significant retail price rigidity during the Thanksgiving through Christmas holiday period relative to the rest of … the year. We suggest that this pattern of holiday retail price rigidity is best explained by an increased opportunity cost …