How Long to Read Cross-country Price and Inflation Dispersion

By Teresa Messner

How Long Does it Take to Read Cross-country Price and Inflation Dispersion?

It takes the average reader to read Cross-country Price and Inflation Dispersion by Teresa Messner

Assuming a reading speed of 250 words per minute. Learn more

Description

(Why) do prices and inflation rates differ within the euro area? We study the relevance of a national border for grocery prices in the otherwise homogenous and highly integrated border region of Austria and Germany. Using transaction data on prices and quantities from a large household panel, we compare the prices of identical products within a narrow band along the border. We find large assortment and price differences between these two regions. Even within multinational retail chains the prices of identical products on the two sides of the border differ on average by about 21%. These price differences are not very persistent indicating little arbitrage gain from undifferentiated cross-border shopping. Ensuing product-level inflation rates differ for only half of the chains. The results highlight the importance of the history-dependent evolution of distribution networks and of the structure of the sales organization as a driver of price and inflation heterogeneity.

How long is Cross-country Price and Inflation Dispersion?

Cross-country Price and Inflation Dispersion by Teresa Messner is 0 pages long, and a total of 0 words.

This makes it 0% the length of the average book. It also has 0% more words than the average book.

How Long Does it Take to Read Cross-country Price and Inflation Dispersion Aloud?

The average oral reading speed is 183 words per minute. This means it takes to read Cross-country Price and Inflation Dispersion aloud.

What Reading Level is Cross-country Price and Inflation Dispersion?

Cross-country Price and Inflation Dispersion is suitable for students ages 2 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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