RT European Central Bank Research
#YoungEconomistPrize finalists: @LksNord finds that retailers set lower prices for a product if a large share of demand comes from poor households that carefully compare prices. This lowers inequality and affects how retail prices react to aggregate shocks https://www.ecb.europa.eu/pub/conferences/ecbforum/shared/pdf/2023/EFCB_2023_Lukas_Nord_Paper.pdf https://t.co/BrcYrMWrSJ

🐦🔗: https://n.respublicae.eu/ECB_Research/status/1672181183965196289