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price rigidity

Publication

What Price-Level Data Tells Us About Consumer Price Rigidity in Zimbabwe: Evidence From New Data

Mike Nyawo and Neil Rankin
This paper documents the price setting behaviour, and the change in this behaviour, amongst retail firms after the introduction of the new currency system in Zimbabwe. We use sample data which covers 291 products to investigate whether prices became more flexible (rigid) and to track the adjustment...
May 2016
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Publication

Price-setting Behavior and Competition in Developing Countries: An Analysis of Retail Outlets in Lesotho

Mamello Nchake, Lawrence Edwards and Asha Sundaram
We study the relationship between price-setting behavior and the degree of competition in a setting where markets and information flows are relatively imperfect. Using a unique dataset that combines survey data on retail outlets in Lesotho, and detailed historical information on their product...
Dec 2015
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Publication

Price setting behaviour in Lesotho: Stylised facts from consumer retail prices

Mamello Amelia Nchake, Lawrence Edwards and Neil Rankin
This paper documents some of the main features of price setting behaviour by retail outlets in Lesotho over the period March 2002 to December 2009. The sample of data covers 229 product items for 345 retail outlets. The paper has three main objectives. Firstly, it presents key indicators of price...
Feb 2014
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