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We study how within-store price variation changes with inflation, and whether households exploit it to attenuate the inflation burden. We use micro price data for food products sold by 91 large multi-channel retailers in ten countries between 2018 and 2024. Measuring unit prices within narrowly...
Persistent link: https://www.econbiz.de/10014576655
The Global Repository of Income Dynamics (GRID) is a new open-access, cross- country database that contains a wide range of micro statistics on income inequality, dynamics, and mobility. It has four key characteristics: it is built on micro panel data drawn from administrative records; it fully...
Persistent link: https://www.econbiz.de/10013388880
-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
The tax changes of the 1980s altered the incentives for housing consumption. Marginal tax rate reductions in both the Economic Recovery Tax Act (1981) and the Tax Reform Act (1986) reduced the attraction of homeownership, particularly at high income levels. The Tax Reform Act, by lowering...
Persistent link: https://www.econbiz.de/10012475767
This paper examines business cycles theoretically and empirically, with a quantitative study based on experience over the long run and in a cross section of countries. Several major questions in business cycle theory are explored. Theoretical concerns indicate that the properties of business...
Persistent link: https://www.econbiz.de/10012471707
countries of Canada, Australia, the USA, Argentina and the rest of Latin America. The resource abundant New World was endowed …
Persistent link: https://www.econbiz.de/10012475065
kinds of financial crises for four countries (Argentina, Australia, Canada, and the United States) over the long-run …
Persistent link: https://www.econbiz.de/10012457380
I study the selection and economic outcomes of Italians in Argentina and the US, the two largest destinations during … the age of mass migration. Prior cross-sectional work finds that Italians had faster assimilation in Argentina, but it is … better economic outcomes in Argentina, and this advantage was unlikely to be due to selection. Migration path dependence can …
Persistent link: https://www.econbiz.de/10012480073
This paper reviews recent developments in the theoretical and empirical analysis of balance-of-payments crises. A simple analytical model highlighting the process leading to such crises is first developed. The basic framework is then extended to deal with a variety of issues, such as:...
Persistent link: https://www.econbiz.de/10012475069
pattern of the United States. In this paper we compare the US with Germany, Italy, the United Kingdom, and also with Canada …, which is closer to European than the US is in its labor market and fiscal institutions. Europe's (and to some extent Canada …
Persistent link: https://www.econbiz.de/10012471641