Hidden price increases, product downsizing, and shrinkflation: a post-Keynesian macroeconomic perspective
从宏观经济学视角研究企业通过缩小产品尺寸或改变内容而不降低价格的隐性涨价行为,分析其对收入分配和消费者福利的影响。
Abstract This article takes a macroeconomic view of the industrial practice of marginally reducing the size/weight of goods or altering the content of goods or services without passing on the cost savings in prices. Although seldom a subject of academic study, this practice has come in for renewed attention with the recent return of inflation because it is one way of containing prices. Variously referred to as “hidden price increases,” “product downsizing,” or “shrinkflation,” it is part of a microeconomic strategy that has macroeconomic effects on both income distribution and consumer well-being.