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~subject:"Theory"
~subject:"Wohlfahrtsanalyse"
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Wohlfahrtsanalyse
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1
The Modern Wholesaler : Global Sourcing, Domestic Distribution, and Scale Economies
Ganapati, Sharat
-
National Bureau of Economic Research
-
2024
Nearly half of all transactions in the $5 trillion market for manufactured goods in the United States were intermediated by wholesalers in 2012, up from 32 percent in 1992. Seventy percent of this increase is due to the growth of "superstar" firms - the largest one percent of wholesalers....
Persistent link: https://www.econbiz.de/10014468236
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2
Gossip : Identifying Central Individuals in a Social Network
Banerjee, Abhijit
-
2014
Can we identify the members of a community who are best- placed to diffuse information simply by asking a random sample of individuals? We show that boundedly-rational individuals can, simply by tracking sources of gossip, identify those who are most central in a network according to "diffusion...
Persistent link: https://www.econbiz.de/10012458245
Saved in:
3
Salience and Taxation with Imperfect Competition
Kroft, Kory
-
2020
the formulas by combining Nielsen Retail Scanner data from grocery stores in the US with detailed
sales
tax data. We … calibrate our new formulas and conclude that the incidence of
sales
taxes on consumers is increasing in tax salience, and the …
Persistent link: https://www.econbiz.de/10012481604
Saved in:
4
Regressive Sin Taxes, With an Application to the Optimal Soda Tax
Allcott, Hunt
-
2019
A common objection to "sin taxes"--corrective taxes on goods that are thought to be overconsumed, such as cigarettes, alcohol, and sugary drinks--is that they often fall disproportionately on low-income consumers. This paper studies the interaction between corrective and redistributive motives...
Persistent link: https://www.econbiz.de/10012479790
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5
Tax Policy and Lumpy Investment Behavior : Evidence from China's VAT Reform
Chen, Zhao
-
2019
A universal fact of firm-level data is that investment is lumpy: firms either replace a considerable fraction of their existing capital (spike) or do not invest at all (inaction). This paper incorporates the lumpy nature of investment into the study of how tax policy affects investment behavior....
Persistent link: https://www.econbiz.de/10012480302
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6
Do Fire
Sales
Create Externalities?
Chernenko, Sergey
-
2018
We develop three novel measures of how much of the price impact of their trading different mutual funds internalize. We show that mutual funds that internalize more of their price impact hold larger cash buffers and use these buffers more aggressively to accommodate inflows and outflows. As a...
Persistent link: https://www.econbiz.de/10012480755
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7
The Intensive Margin in Trade
Fernandes, Ana M.
-
2018
The Melitz model highlights the importance of the extensive margin (the number of firms exporting) for trade flows. Using the World Bank's Exporter Dynamics Database (EDD) featuring firm-level exports from 50 countries, we find that around 50% of variation in exports is along the extensive...
Persistent link: https://www.econbiz.de/10012480847
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8
Indivisibilities in Distribution
Holmes, Thomas J.
-
2018
This paper develops and estimates a model of indivisibilities in shipping and economies of scale in consolidation. It uses highly detailed data on imports for which it is possible to observe the contents of individual containers. In the model, a firm is able to adapt to indivisibility...
Persistent link: https://www.econbiz.de/10012453191
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9
Customer Capital
Gourio, Francois
-
2011
investment,
sales
, profits, value and markups, the timing of firm responses to shocks, and the relationship between investment …
Persistent link: https://www.econbiz.de/10012461466
Saved in:
10
Attention Variation and Welfare : Theory and Evidence from a Tax Salience Experiment
Taubinsky, Dmitry
-
2016
underreaction to not-fully-salient
sales
taxes, we show theoretically that the efficiency costs of taxation are amplified by … in size and salience. We replicate prior findings that, on average, consumers underreact to non-salient
sales
taxes …--consumers in our study react to existing
sales
taxes as if they were only 25% of their size. However, we find significant …
Persistent link: https://www.econbiz.de/10012456134
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