000			01137nam a22001577a 4500
999			_c523574 _d523574
008			230913b ||||| |||| 00| 0 eng d
100			_aDaruich, Diego and Kozlowski, Julian _943592
245			_aMacroeconomic implications of uniform pricing
260			_aAmerican Economic Journal: Macroeconomics
300			_a15(3), Jul, 2023: p.64-108
520			_aWe compile a new database of grocery prices in Argentina. We find uniform pricing both within and across regions—i.e., prices almost do not vary within the stores of a chain. In line with uniform pricing, prices in stores of chains operating in one region react to changes in regional employment while prices in multiregion chains do not. Using a quantitative regional model with multiregion firms and uniform pricing, we find a one-half smaller elasticity of prices to a regional than an aggregate shock. This result highlights that some caution may be necessary when using regional shocks to estimate aggregate elasticities.- Reproduced
650			_aPRICING _943593
773			_aAmerican Economic Journal: Macroeconomics
906			_aECONOMIC POLICY
942			_cAR