Eric T. Anderson
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View article: Markups Across Space and Time
Markups Across Space and Time Open
In this paper, we provide direct evidence on the behavior of markups in the retail sector across space and time. Markups are measured using gross margins. We consider three levels of aggregation: the retail sector as a whole, the firm level…
View article: Markups Across Space and Time
Markups Across Space and Time Open
We study the behavior of markups in the retail sector.Markups are measured with gross margins computed at the product level using the replacement cost for every item.We find that: (1) markups are relatively stable over time and mildly proc…
View article: Carolinas HealthCare System, Charlotte, NCCertification Program in Patient Safety: Planning and Curriculum Design
Carolinas HealthCare System, Charlotte, NCCertification Program in Patient Safety: Planning and Curriculum Design Open
Background: The current and increasingly complex healthcare environment calls for greater attention to the achievement of quality, safe patient care. The best patient outcomes are a result of healthcare team members working collaboratively…
View article: Price Stickiness: Empirical Evidence of the Menu Cost Channel
Price Stickiness: Empirical Evidence of the Menu Cost Channel Open
A leading explanation in the economic literature is that monetary policy has real effects on the economy because firms incur a cost when changing prices. Using a unique database of cost and retail price changes, we find that variation in m…
View article: Informational Rigidities and the Stickiness of Temporary Sales
Informational Rigidities and the Stickiness of Temporary Sales Open
We use unique price data to study how retailers react to underlying cost changes. Temporary sales account for 95% of price changes in our data. Simple models would, therefore, suggest that temporary sales play a central role in price respo…