Showing 1 - 10 of 293
The purpose of this paper is to examine the relationship between the price of alcoholic beverages and the incidence of … violence is well documented, as is the negative relationship between the quantity of alcohol consumed and its price. These two … reduced form model is estimated where the probability of being a victim of violent crime is determined by the price of alcohol …
Persistent link: https://www.econbiz.de/10012471295
used to model multiple cessation attempts of young adults. The estimates indicate that increases in the price of cigarettes … remain smoke- free after at least one prior cessation attempt. The average price elasticity of cessation is 0.343. In …
Persistent link: https://www.econbiz.de/10012471369
a large empirical literature from the 1950's and 60's, that it is necessary to distinguish the response of price to an … two models that can potentially explain these findings. Both break the link between price and marginal cost, thereby … second is driven by firms pricing to limit non-price competition within their market …
Persistent link: https://www.econbiz.de/10012471473
cigarette price and policy-related measures to estimate smoking cessation equations for young adult males and females separately …
Persistent link: https://www.econbiz.de/10012471528
enough, however, the relative price of capital goods, an important component of the user cost of capital, has never been …
Persistent link: https://www.econbiz.de/10012471649
equilibrium price effects of coupons, we employ individual-level data to estimate a discrete choice model of demand for multiple … sclerosis drugs. We use our demand estimates to parameterize a model of drug price negotiations. For this category of drugs, we …
Persistent link: https://www.econbiz.de/10012938704
There is wide dispersion in pharmaceutical prices across countries with comparable quality standards. Under monopoly, off-patent and generic drug prices are at least four times higher in the United States than in comparable English-speaking high income countries. With five or more competitors,...
Persistent link: https://www.econbiz.de/10012629426
cause fluctuations in aggregate demand to have real effects are slight. Inefficient price rigidity arises because rigidity … has a negative externality: rigidity in one firm's price increases the variability of real aggregate demand, which hurts …
Persistent link: https://www.econbiz.de/10012476898
This paper studies the dynamic behavior of changes in productivity, wages, and prices. Results are based on a new data set that allows a consistent analysis of the aggregate economy, the manufacturing sector, and the nonmanufacturing sector. Results are presented for the U. S., Japan, and an...
Persistent link: https://www.econbiz.de/10012477000
In this paper, I investigate US post war price, wage and employment dynamics by identifying and estimating a price and … nominal wages. This may be taken as evidence that price inertia is more important empirically than nominal wage inertia. The … paper is somewhat different from the traditional approach to the estimation of price and wage equations. Its spirit is to …
Persistent link: https://www.econbiz.de/10012477025