| dc.contributor.author | Cavallo, Alberto F. | |
| dc.date.accessioned | 2018-03-06T15:35:08Z | |
| dc.date.available | 2018-03-06T15:35:08Z | |
| dc.date.issued | 2016-11 | |
| dc.date.submitted | 2016-06 | |
| dc.identifier.issn | 0034-6535 | |
| dc.identifier.issn | 1530-9142 | |
| dc.identifier.uri | http://hdl.handle.net/1721.1/114028 | |
| dc.description.abstract | I use daily prices collected from online retailers in five countries to study the impact of measurement bias on three common price stickiness statistics. Relative to previous results, I find that online prices have longer durations, with fewer price changes close to 0, and hazard functions that initially increase over time. I show that time-averaging and imputed prices in scanner and CPI data can fully explain the differences with the literature. I then report summary statistics for the duration and size of price changes using scraped data collected from 181 retailers in 31 countries. | en_US |
| dc.publisher | MIT Press | en_US |
| dc.relation.isversionof | http://dx.doi.org/10.1162/REST_A_00652 | en_US |
| dc.rights | Article is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use. | en_US |
| dc.source | Massachusetts Institute of Technology Press | en_US |
| dc.title | Scraped Data and Sticky Prices | en_US |
| dc.type | Article | en_US |
| dc.identifier.citation | Cavallo, Alberto. “Scraped Data and Sticky Prices.” The Review of Economics and Statistics, November 2016. © 2016 MIT Press | en_US |
| dc.contributor.department | Sloan School of Management | en_US |
| dc.contributor.mitauthor | Cavallo, Alberto F. | |
| dc.relation.journal | Review of Economics and Statistics | en_US |
| dc.eprint.version | Final published version | en_US |
| dc.type.uri | http://purl.org/eprint/type/JournalArticle | en_US |
| eprint.status | http://purl.org/eprint/status/PeerReviewed | en_US |
| dc.date.updated | 2018-03-02T14:53:45Z | |
| dspace.orderedauthors | Cavallo, Alberto | en_US |
| dspace.embargo.terms | N | en_US |
| dc.identifier.orcid | https://orcid.org/0000-0002-9701-3507 | |
| mit.license | PUBLISHER_POLICY | en_US |
