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| Author: | Hosken, D. Reiffen, D. |
| Title: | Patterns of retail price variation |
| Journal: | RAND Journal of Economics
2004 : SPRING, VOL. 35:1, p. 128-146 |
| Index terms: | Retail pricing Price level USA |
| Language: | eng |
| Abstract: | Retail price variation is examined across a range of goods and regions of the USA. It is found that the typical grocery product has a regular price ans stays at that price at least 50% of the time, and that most deviations from that regular price are downward. Temporary discounts or sales, while infrequent, account for 20% to 50% of the annual variation in retail prices for most product categories. |
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