L2 - Firm Objectives, Organization, and Behavior - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T08:52:58+00:00On the Importance of Sales for Aggregate Price Flexibility
https://www.bankofcanada.ca/2014/10/working-paper-2014-45/
Macroeconomists have traditionally ignored the behavior of temporary price markdowns (“sales”) by retailers. Although sales are common in the micro price data, they are assumed to be unrelated to macroeconomic phenomena and generally filtered out.2014-10-24T12:39:34+00:00enOn the Importance of Sales for Aggregate Price Flexibility2014-10-24Business fluctuations and cyclesEconomic modelsInflation and pricesMarket structure and pricingMonetary policy transmissionWorking Paper 2014-45https://www.bankofcanada.ca/wp-content/uploads/2014/10/wp2014-45.pdfOn the Importance of Sales for Aggregate Price FlexibilityOleksiy KryvtsovNicolas VincentOctober 2014EE3E31E32E5E52LL1L11L2L25L8L81MM3M31