Stuck at zero: Price rigidity in a runaway inflation
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DOI: 10.1016/j.econlet.2021.109885
Abstract: Abstract We use micro level retail price data from convenience stores to study the link between 0-ending price points and price rigidity during a period of a runaway inflation, when the annual inflation rate was… read more here.
Keywords: stuck zero; price rigidity; runaway inflation; inflation ... See more keywords