NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Informational Rigidities and the Stickiness of Temporary Sales

Eric Anderson, Benjamin A. Malin, Emi Nakamura, Duncan Simester, Jón Steinsson

NBER Working Paper No. 19350
Issued in August 2013

---- Acknowledgements -----

This research has been supported by National Science Foundation grants SES 0922011 and SES 1056107. The paper was previously circulated under the title: “Temporary Sales: On Autopilot and ‘Funded’ by Frequent Flyer Accounts”. We thank Ariel Burstein, Judith Chevalier, Gee Hee Hong, Nicholas Li, and seminar participants at various institutions and conferences for helpful comments and discussions. We thank Jean Jaques Forneron and Zoe Xie for excellent research assistance. This research was conducted with restricted access to US Bureau of Labor Statistics (BLS) data. The view expressed here are those of the authors and do not necessarily reflect the views of the BLS, the Federal Reserve System, or the National Bureau of Economic Research.

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