Brookings – “Hutchins Roundup: Monetary policy response to labor market slack, online competition, and more”
Online competition increases the frequency and uniformity of price changes at brick-and-mortar retailers.
Online competition increases the frequency and uniformity of price changes at brick-and-mortar retailers.
Alberto Cavallo, who works as an associate professor in the Harvard said that in the last 10 years, the competition in the online retailing has increased the price change frequency along with the uniform pricing degree across all the location.