Browsing Discussion papers (SAM) by Author "Webster, Ingeborg Munthe-Kaas"
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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 ...