Search with learning from prices does increased inflationary uncertainty lead to higher markups

Keyphrases

• Search-as-learning 100%
• Consumer Search 100%
• Learning from Prices 100%
• Market Efficiency 50%
• Price Distribution 50%
• Price Competition 50%
• Aggregate Cost 50%
• Cost Uncertainty 50%
• Real Shocks 50%
• Inflation Variability 50%
• Search Rules 50%
• Unanticipated Inflation 50%

Economics, Econometrics and Finance

• Inflation 100%
• Incentives 50%
• Efficient Market Hypothesis 50%