论文信息 - Nominal rigidities without literal menu costs: evidence from E-commerce

Nominal rigidities without literal menu costs: evidence from E-commerce

Abstract Using price data from online book retailers, Amazon.com and Barnes and Noble.com, we show that nominal rigidities persist in an environment that is free from literal menu costs. Menu costs, therefore, are not the prime reason for nominal rigidities.

Rajesh Chakrabarti | Barry Scholnick | Barry Scholnick | R. Chakrabarti

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