On quality and variety bias in aggregate prices

On quality and variety bias in aggregate prices

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How do product variety and quality affect the aggregate price bias? We develop a general equilibrium model that accounts for the joint interaction of product quality and variety. Our findings show that the aggregate price bias is pro-cyclical and the contribution of product variety is persistent whe...

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Библиографические подробности
Главные авторы:	Zanetti, F, Hamano, M
Формат:	Journal article
Язык:	English
Опубликовано:	Wiley 2018

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