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Dynamic Pricing in Retail Gasoline Markets
Borenstein, Severin - 1993
This paper tests for price patterns in retail gasoline markets consistent with those predicted by models of implicit …
Persistent link: https://www.econbiz.de/10012474456
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Why Are Prices Sticky? The Dynamics of Wholesale Gasoline Prices
Davis, Michael C. - 2003
this prediction is broadly consistent with the behavior of 9 Philadelphia gasoline wholesalers. We nevertheless reject the …
Persistent link: https://www.econbiz.de/10012468957
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Fueling Alternatives : Gas Station Choice and the Implications for Electric Charging
Dorsey, Jackson; Langer, Ashley; McRae, Shaun D. - National Bureau of Economic Research - 2022
This paper estimates an imperfect information discrete choice model of drivers' refueling preferences and analyzes the implications of these preferences for electric vehicle (EV) adoption. Drivers respond four times more to stations' long-run average prices than to current prices and value...
Persistent link: https://www.econbiz.de/10013172131
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Wholesalers and Retailers in U.S. Trade (Long Version)
Bernard, Andrew B. - 2010
We combine data on individual trade transactions from U.S. customs records with comprehensive information on firms' employment from the Census Bureau's business register to examine wholesalers and retailers in U.S. exports and imports. Exporters and importers with 100 percent employment in...
Persistent link: https://www.econbiz.de/10012462991
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Not a Typical Firm : The Joint Dynamics of Firms, Labor Shares, and Capital–Labor Substitution
Hubmer, Joachim; Restrepo, Pascual - National Bureau of Economic Research - 2021
The decline in the U.S. labor share is far from uniform across firms. While the aggregate labor share has declined, especially in manufacturing, retail, and wholesale, the labor share of a typical firm in these industries has risen. This paper studies the dynamics of the substitution of capital...
Persistent link: https://www.econbiz.de/10012496133
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Factoryless Goods Producers in the US
Bernard, Andrew B. - 2013
This paper documents the extent and characteristics of plants and firms in the US that are outside the manufacturing sector according to official government statistics but nonetheless are heavily involved in activities related to the production of manufactured goods. Using new data on...
Persistent link: https://www.econbiz.de/10012459266
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Contracting over Pharmaceutical Formularies and Rebates
Ho, Katherine; Lee, Robin S. - National Bureau of Economic Research - 2024
We investigate how formularies used by pharmacy benefit managers (PBMs) can affect manufacturer rebates for branded drugs. We first present a theoretical model of multidimensional contracting in which a PBM negotiates with drug manufacturers over menus of formulary-contingent rebate payments and...
Persistent link: https://www.econbiz.de/10015056114
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Designing Fuel-Economy Standards in Light of Electric Vehicles
Gillingham, Kenneth - National Bureau of Economic Research - 2021
Electric vehicles are declining in cost so rapidly that they may claim a large share of the vehicle market by 2030. This paper examines a set of practical regulatory design considerations for fuel-economy standards or greenhouse gas standards in the context of highly uncertain electric vehicle...
Persistent link: https://www.econbiz.de/10012599357
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Automobile Prices and Quality : Did the Gasoline Price Increase Change Consumer Tastes in the U.S.?
Ohta, Makoto - 1983
Did the 1973 and 1979 gasoline price rises change consumer views about the relative quality of different cars? This … hedonic model that takes gasoline costs into account is developed and some of its theoretical implications are outlined … to analyze the prices of U.S. passenger cars in the used market during 1970-1981. If one does not take gasoline costs …
Persistent link: https://www.econbiz.de/10012477888
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Optimal Spatial Policies, Geography and Sorting
Fajgelbaum, Pablo - 2018
We study optimal spatial policies in quantitative trade and geography frameworks with spillovers and sorting of heterogeneous workers. We characterize the spatial transfers that must hold in efficient allocations, as well as labor subsidies that would implement them. Assuming homogeneous workers...
Persistent link: https://www.econbiz.de/10012453087