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Published Papers

Doron Sayag, Avichai Snir, and Daniel Levy (2025)

0.001% and Counting: Revisiting the Price Rounding Tax 

Contemporary Economic Policy

http://doi.org/10.1111/coep.70020

Daniel Levy, Haipeng (Allan) Chen, Sourav Ray, Elliot Charette, Xiao Ling, Weihong Zhao, Mark Bergen, and Avichai Snir (2025)

Asymmetric Price Adjustment over the Business Cycle

Economics Letters

Online Supplementary Appendix

https://doi.org/10.1016/j.econlet.2025.112450.

Avichai Snir, Daniel Levy, Dudi Levy, and Haipeng (Allan) Chen (2024)

"Price Gouging or Market Forces? Fairness Perceptions of Price Hikes during the Pandemic"

Economics Bulletin

Mark Bergen, Thomas Bergen, Daniel Levy, and Rose Semenov (2022)

"3 Lessons from Hyperinflationary Periods

Harvard Business Review 

https://hbr.org/2022/11/3-lessons-from-hyperinflationary-periods

Avichai Snir, Haipeng (Allan) Chen, and Daniel Levy (2022)

"Zero-Ending Prices, Cognitive Convenience, and Price Rigidity

Journal of Economic Behavior and Organization

Online Supplementary Appendix 

https://doi.org/10.1016/j.jebo.2022.09.018

Daniel Levy and Avichai Snir (2022)

"Potterian Economics

Oxford Open Economics 

Online Supplementary Appendix 

https://doi.org/10.1093/ooec/odac004

Daniel Levy, Tamir Mayer, and Alon Raviv (2022)

Economists in the 2008 Financial Crisis: Slow to See, Fast to Act 

Journal of Financial Stability 

Online Supplementary Appendix

https://doi.org/10.1016/j.jfs.2022.100986

Avichai Snir, Haipeng (Allan) Chen, and Daniel Levy (2021)

Stuck at Zero: Price Rigidity in a Runaway Inflation 

Economics Letters 

Online Supplementary Appendix

https://doi.org/10.1016/j.econlet.2021.109885

Avichai Snir and Daniel Levy (2021)

If You Think 9-Ending Prices Are Low, Think Again” 

Journal of the Association for Consumer Research (Special Issue on Behavioral Pricing) 

Web Appendix

https://doi.org/10.1086/710241

Daniel Levy and Andrew T. Young (2021)

Promise, Trust and Betrayal: Costs of Breaching an Implicit Contract” 

Southern Economic Journal

https://doi.org/10.1002/soej.12479

Daniel Levy, Avichai Snir, Alex Gotler, and Haipeng (Allan) Chen (2020)

Not All Price Endings Are Created Equal: Price Points and Asymmetric Price Rigidity” 

Journal of Monetary Economics 

Online Supplementary Appendix 

https://doi.org/10.1016/j.jmoneco.2019.01.005

Avichai Snir, Daniel Levy, and Haipeng (Allan) Chen (2017)

End of 9-Endings, Price Recall, and Price Perceptions” 

Economics Letters

https://doi.org/10.1016/j.econlet.2017.04.001

Andrew T. Young and Daniel Levy (2014)

Explicit Evidence of an Implicit Contract” 

Journal of Law, Economics, & Organization

https://doi.org/10.1093/jleo/ewt013

Andrew T. Young, Matthew J. Higgins, and Daniel Levy (2013)

Heterogeneous Convergence” 

Economics Letters

https://doi.org/10.1016/j.econlet.2013.04.017

Daniel Levy, Dongwon Lee, Haipeng (Allan) Chen, Robert J. Kauffman, and Mark Bergen (2011)

Price Points and Price Rigidity” 

Review of Economics and Statistics

Supplementary Appendix

https://doi.org/10.1162/REST_a_00178

Daniel Levy, Haipeng (Allan) Chen, Georg Müller, Shantanu Dutta, and Mark Bergen (2010)

Holiday Price Rigidity and Cost of Price Adjustment 

Economica

https://doi.org/10.1111/j.1468-0335.2008.00738.x

Matthew J. Higgins, Andrew T. Young, and Daniel Levy (2010)

Robust Correlates of County-Level Growth in the U.S.” 

Applied Economics Letters

https://doi.org/10.1080/13504850701720254

Matthew J. Higgins, Andrew T. Young, and Daniel Levy (2009)

Federal, State, and Local Governments: Evaluating their Separate Roles in US Growth” 

Public Choice 

https://doi.org/10.1007/s11127-009-9405-3

Andrew T. Young, Matthew J. Higgins, and Daniel Levy (2008)

Sigma Convergence vs Beta Convergence: Evidence from U.S. County-Level Data” 

Journal of Money, Credit and Banking 

https://doi.org/10.1111/j.1538-4616.2008.00148.x

Mark Bergen, Daniel Levy, Sourav Ray, Paul H. Rubin, and Benjamin Zeliger (2008)

When Little Things Mean a Lot: On the Inefficiency of Item Pricing Laws” 

Journal of Law and Economics

Supplementary Appendix

https://doi.org/10.1086/589660

Haipeng (Allan) Chen, Daniel Levy, Sourav Ray, and Mark Bergen (2008)

Asymmetric Price Adjustment in the Small” 

Journal of Monetary Economics

Supplementary Appendix

https://doi.org/10.1016/j.jmoneco.2008.05.002

Daniel Levy (2007)

Price Adjustment under the Table: Evidence on Efficiency-Enhancing Corruption 

European Journal of Political Economy 

https://doi.org/10.1016/j.ejpoleco.2007.01.001

Reprinted in S. Matulich and D.M. Currie, eds. (2009), Handbook of Frauds, Scams, and Swindles (London: CRC Press, Taylor & Francis Group), Chapter 2, pp. 17–32.

Matthew J. Higgins, Daniel Levy, and Andrew T. Young (2006)

Growth and Convergence across the US: Evidence from County-Level Data 

Review of Economics and Statistics  

Supplementary Appendix

https://doi.org/10.1162/rest.88.4.671

Georg Müller, Mark Bergen, Shantanu Dutta, and Daniel Levy (2006)

Private Label Price Rigidity during Holiday Periods” 

Applied Economics Letters 

https://doi.org/10.1080/13504850500378247

Sourav Ray, Haipeng (Allan) Chen, Mark Bergen, and Daniel Levy (2006)

Asymmetric Wholesale Pricing: Theory and Evidence” 

Marketing Science  

Supplementary Appendix

https://doi.org/10.1287/mksc.1050.0138

Mark Zbaracki, Mark Ritson, Daniel Levy, Shantanu Dutta, and Mark Bergen (2004)

Managerial and Customer Costs of Price Adjustment: Direct Evidence from Industrial Markets” 

Review of Economics and Statistics 

https://doi.org/10.1162/003465304323031085

Daniel Levy and Andrew T. Young (2004)

The Real Thing: Nominal Price Rigidity of the Nickel Coke, 1886–1959” 

Journal of Money, Credit, and Banking

https://www.jstor.org/stable/3839041

Daniel Levy and Hashem Dezhbakhsh (2003)

International Evidence on Output Fluctuation and Shock Persistence” 

Journal of Monetary Economics 

https://doi.org/10.1016/j.jmoneco.2003.08.005

Mark Bergen, Mark Ritson, Shantanu Dutta, Daniel Levy, and Mark Zbaracki (2003)

"Shattering the Myth of Costless Price Changes" 

European Management Journal 

https://doi.org/10.1016/j.emj.2003.09.018

Daniel Levy and Hashem Dezhbakhsh (2003)

On the Typical Spectral Shape of an Economic Variable” 

Applied Economics Letters 

https://doi.org/10.1080/1350485032000102187

Shantanu Dutta, Mark Bergen, and Daniel Levy (2002)

Price Flexibility in Channels of Distribution: Evidence from Scanner Data 

Journal of Economic Dynamics and Control 

https://doi.org/10.1016/S0165-1889(01)00012-4

Daniel Levy (2002)

Cointegration in Frequency Domain” 

Journal of Time Series Analysis 

https://doi.org/10.1111/1467-9892.00267

Daniel Levy, Shantanu Dutta, and Mark Bergen (2002)

Heterogeneity in Price Rigidity: Evidence from Primary Micro-Level Data 

Journal of Money, Credit, and Banking

https://www.jstor.org/stable/3270682

Shantanu Dutta, Mark Bergen, Daniel Levy, Mark Ritson, and Mark Zbaracki (2002)

Pricing as a Strategic Capability” 

MIT Sloan Management Review

https://sloanreview.mit.edu/article/pricing-as-a-strategic-capability/ 

Reprinted as “A fixação do preço como capacidade estratégica,” in Revista Portuguesa e Brasileira de Gestão, Trimestral 1(1), Abr/Jun 2002, 8–17 (in Portuguese), and as “Pricing als Strategische Ressource,” in GDI_IMPULS, Nr. 1.03: Für Entscheidungsträger in Wirtschaft und Gesellschaft, 16–22 (in German). See the May 23, 2002 issue of the Economist magazine for a review article, The Price is Wrong,” on the paper.

Shantanu Dutta, Shantanu, Mark Bergen, Daniel Levy, and Robert Venable (1999)

Menu Costs, Posted Prices, and Multi-product Retailers 

Journal of Money, Credit, and Banking

https://doi.org/10.2307/2601217

Daniel Levy, Shantanu Dutta, Mark Bergen, and Robert Venable (1998)

Price Adjustment at Multiproduct Retailers” 

Managerial and Decision Economics

https://doi.org/10.1002/(SICI)1099-1468(199803)19:2<81::AID-MDE867>3.0.CO;2-W

Robert Carpenter and Daniel Levy (1998)

Seasonal Cycles, Business Cycles, and the Co-movement of Inventory Investment and Output” 

Journal of Money, Credit, and Banking

https://doi.org/10.2307/2601104

Daniel Levy, Mark Bergen, Shantanu Dutta, and Robert Venable (1997)

The Magnitude of Menu Costs: Direct Evidence from Large US Supermarket Chains” 

Quarterly Journal of Economics

https://doi.org/10.1162/003355397555352

Daniel Levy and Haiwei Chen (1994)

Estimates of the Aggregate Quarterly Capital Stock for the Post-War U.S. Economy” 

Review of Income and Wealth

Supplementary Appendix in [PDF] and [WORD] Formats

https://doi.org/10.1111/j.1475-4991.1994.tb00072.x

Daniel Levy (1984)

Israel As an Economic Laboratory" 

The Economic Quarterly

https://www.jstor.org/stable/23755227

 

(in Hebrew)

Daniel Levy (1984)

Business Cycles and Elections in Israel” 

The Economic Quarterly

https://www.jstor.org/stable/23754947

 

(in Hebrew)