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More Amazon Effects: Online Competition and Pricing Behaviors / Alberto Cavallo.
- Format:
- Book
- Author/Creator:
- Cavallo, Alberto.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w25138.
- NBER working paper series no. w25138
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- More Amazon Effects
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2018.
- Summary:
- I study how online competition, with its algorithmic pricing technologies and the transparency of the Internet, can change the pricing behavior of large retailers and affect aggregate inflation dynamics. In particular, I show that online competition has raised both the frequency of price changes and the degree of uniform pricing across locations in the U.S. over the past 10 years. These changes make retail prices more sensitive to aggregate ``nationwide" shocks, increasing the pass-through of both gas prices and nominal exchange rate fluctuations.
- Notes:
- Print version record
- October 2018.
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