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Multiple price lists are a convenient tool to elicit willingness to pay (WTP) in surveys and experiments, but choice … about subjects' preferences. We provide templates to create a multiple price list survey instrument in SurveyCTO and analyze …
Persistent link: https://www.econbiz.de/10013388789
We show that standard menu cost models cannot simultaneously reproduce the dispersion in the size of micro-price … changes and the extent to which the fraction of price changes increases with inflation in the U.S. time-series. Though the … Golosov and Lucas (2007) model generates fluctuations in the fraction of price changes, it predicts too little dispersion in …
Persistent link: https://www.econbiz.de/10014635711
remotely one or more days per week rose more than three-fold in the U.S and by a factor of five or more in Australia, Canada …
Persistent link: https://www.econbiz.de/10014247927
ill). This paper shows how a payment system based only on risk sharing (like in Australia), is improved by combining risk … sharing with risk adjustment. Using Australia's private health insurance market as a case study, we compare and assess the …
Persistent link: https://www.econbiz.de/10014247974
In Australian real estate markets, about a third of properties are sold at auction. We show that properties that fail auctions sell later for a 2.6% discount. This effect increases for properties failing multiple auctions and when no bids are made. Consistent with a causal channel, the effect...
Persistent link: https://www.econbiz.de/10013477252
central bank balance sheets. We analyze the experience in seven advanced economies (Australia, Canada, Euro area, New Zealand …
Persistent link: https://www.econbiz.de/10014528361
Australia had adopted a novel approach to e-cigarette policy by requiring a physician's prescription to lawfully obtain … research on e-cigarette regulation and provides a case-study for the policy implementation in Australia. Our paper is also part …
Persistent link: https://www.econbiz.de/10014635617