Inventories and price changes are correlated. The inverse relation is most obvious in housing where inventories build …

construction of city-specific price and purity series that pay careful attention to the data and incorporate existing knowledge of … economic analyses of supply, demand and harms …

constraining the gasoline and diesel supply chains. We consider several factors that alter the elasticity of supply, including … variation in the demand for untaxed uses of diesel. In general, we find that in periods of time when the supply chain is … supply disruptions such as after major hurricanes …

We find that the supply of and demand for insurance for tree crops is much larger than for non-tree crops. Crop … for these specialty crops has little benefit for consumers, even when it generates a large supply response …

. In particular, we look at the frequency and magnitudes of price changes in both countries and find that the results in … suggests a bigger role for supply disruptions that restricted the ability of retailers to re-stock goods after the earthquake …

Fisheries. The model includes two sources of uncertainty: the resource biomass and the price of fish, and it can be used by …

For many products the average price paid by consumers falls during periods of high demand. We use information from a … large supermarket chain to decompose the decrease in the average price into a substitution effect, due to an increase in the … share of cheaper products, and a price reduction effect. We find that for almost all the products we study the substitution …