scholarly journals The Elusive Costs of Inflation: Price Dispersion during the U.S. Great Inflation

2016 ◽  
Author(s):  
Emi Nakamura ◽  
Jón Steinsson ◽  
Patrick Sun ◽  
Daniel Villar
Keyword(s):  
Price Dispersion ◽  
Great Inflation ◽  
The U.S

scholarly journals The Elusive Costs of Inflation: Price Dispersion during the U.S. Great Inflation*

2018 ◽  
Vol 133 (4) ◽  
pp. 1933-1980 ◽  
Author(s):  
Emi Nakamura ◽  
Jón Steinsson ◽  
Patrick Sun ◽  
Daniel Villar
Keyword(s):  
Price Dispersion ◽  
Great Inflation ◽  
The U.S

scholarly journals Competition and Price Dispersion in the U.S. Airline Industry

1994 ◽  
Vol 102 (4) ◽  
pp. 653-683 ◽  
Author(s):  
Severin Borenstein ◽  
Nancy L. Rose
Keyword(s):  
Airline Industry ◽  
Price Dispersion ◽  
The U.S

scholarly journals Price Dispersion in the U.S. Airline Industry

2012 ◽  
Vol 48 (3) ◽  
Author(s):  
Junwook Chi ◽  
Won. W. Koo ◽  
Siew H. Lim
Keyword(s):  
Instrumental Variables ◽  
Price Discrimination ◽  
Airline Industry ◽  
Price Dispersion ◽  
Pricing Strategies ◽  
Average Price ◽  
Iv Estimation ◽  
Air Carriers ◽  
The U.S

This paper explores price dispersion in the U.S. airline industry by highlighting differential individual carriers' pricing strategies. Using instrumental variables (IV) estimation, the results show that individual carriers play crucial roles in determining price dispersion, implying that their price discrimination strategies may influence variation in airfares. Based on observed price dispersion and average price, we distinguished sources of price dispersion and found that the pricing strategies varied across U.S. air carriers. In 2005, for example, monopoly-type price discrimination was likely to result in price dispersion for Northwest, whereas competitive-type price discrimination was likely to lead to price dispersion for Delta.

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