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In the analysis of tax reform, when equity is traded off against efficiency, the measurement of the latter requires us to know how tax- induced price changes affect quantities supplied and demanded. In this paper, we present various econometric procedures for estimating how taxes affect demand....
Persistent link: https://www.econbiz.de/10012473284
This paper first considers the impact on world food prices of the changes in restrictions on trade in staple foods during the 2008 world food price crisis. Those changes--reductions in import protection or increases in export restraints--were meant to partially insulate domestic markets from the...
Persistent link: https://www.econbiz.de/10012459131
When food prices spike in countries with large numbers of poor people, hunger and malnutrition are very likely to result in the absence of public intervention. For governments, this is also a case of political survival. Government actions often take the form of direct interventions in the market...
Persistent link: https://www.econbiz.de/10012459727
were intended to break an "inertial" component of inflation. This paper focuses on a specific mechanism through which … inflation inertia can emerge: the interaction between lack of credibility of government monetary policy announcements and the … price setting period; that is important since the price setting period is likely to be short in high inflation economies. We …
Persistent link: https://www.econbiz.de/10012476766
-profiteering measures on food necessities during a period of high inflation in Argentina. Using barcode-level data across more than 3 …
Persistent link: https://www.econbiz.de/10014512095
-scraping, we collected daily prices for controlled and non-controlled goods and measured the differential effects on inflation … CPI weight, they have a temporary effect on aggregate inflation and no downward effect on other goods. Second, contrary to …
Persistent link: https://www.econbiz.de/10012453439
This paper explores the effects of relative food prices on body weight and body fat over time in China. We study a … cohort of 15,000 adults from over 200 communities in China, using the longitudinal China Health and Nutrition Survey (1991 …
Persistent link: https://www.econbiz.de/10012462931
Subsidies to consumers may cause firms to charge higher prices, which offsets consumer benefits from subsidies. We study a subsidy program design that mitigates such price increases by making products' eligibility for a subsidy dependent on firms' commitment to price ceilings. To quantify the...
Persistent link: https://www.econbiz.de/10012510538
, fuel economy standards for automobiles, renewable portfolio standards, low carbon fuel standards, and--most recently--China … substantial gains could arise from shifting two programs, China's new national carbon market (~60% gain) and the California Low …
Persistent link: https://www.econbiz.de/10012482586
subsidies for poor households in two provinces of China and find no evidence that the subsidies improved nutrition. In fact, it …
Persistent link: https://www.econbiz.de/10012462554