• Price Change Synchronization within and between Firms 

      Nilsen, Øivind A.; Skuterud, Håvard; Webster, Ingeborg Munthe-Kaas (SAM DP;15/2021, Working paper, 2021-08)
      This paper provides evidence on price rigidity at the product- and firm-level in Norway. A strong within-firm synchronization is found supporting the theory of economies of scope in menu costs. The industry synchronization ...