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Cited by 451

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Sticky Prices: New Evidence from Retail Catalogs

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Kashyap, A. K.·1995·The Quarterly Journal of Economics

Abstract

This paper presents new results on the size, frequency, and synchronization of price changes for twelve selected retail goods over the past 35 years. Three basic facts about the data are uncovered. First, nominal prices are typically fixed for more than one year, although the time between changes is very irregular. Second, prices change more often during periods of high overall inflation. Third, when prices do change, the sizes of the changes are widely dispersed. Both “large” and “small” changes occur for the same item, and the sizes of these changes do not closely depend on overall inflation.

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Metadata

Authors
Kashyap, A. K.
Venue
The Quarterly Journal of Economics
Published
1995-02-01
Volume
110
Issue
1
Pages
245-274
ISSN
  • 0033-5533 (ISSN-L)
  • 1531-4650
OpenAlex
W2106045992
Cited by
451
References
0
FWCI
27.03
Type
journal article
Language
en
Open access
green

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CoChat. (2026). Citation check: Sticky Prices: New Evidence from Retail Catalogs. https://app.cochat.ai/papers/10.2307/2118517
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Kashyap, A. K. (1995). Sticky Prices: New Evidence from Retail Catalogs. The Quarterly Journal of Economics. https://doi.org/10.2307/2118517

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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.