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  • Alberto Cavallo and Oleksiy Kryvtsov, NBER International Seminar on Macroeconomics 2022 (Elsevier, Journal of International Economics, volume 146, December 2023, 2022), https://www.nber.org/books-and-chapters/nber-international-seminar-macroeconomics-2022/what-can-stockouts-tell-us-about-inflation-evidence-online-micro-data.

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We use a detailed micro dataset on product availability to construct a direct high-frequency measure of consumer...

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