tax and transfer systems. With constant primary deficits, there exist two steady-states, and the price level and inflation … experiments to illustrate how redistribution and precautionary saving amplify price level increases in response to fiscal …

agencies and private organizations all conducting investigations into the pricing patterns for generic drugs. Price spikes for … selected old, off-patent drugs have also been widely reported in the media. To place these generic price increases into context …, we construct two chained Laspeyres consumer price indexes (CPIs), using the 2007-2016 IBM MarketScan Commercial Claims …

previous research has indicated. That is, seasonal price movements have become more prominent in the relatively stable … in prices differs greatly by item, making it difficult to generalize about seasonal price movements. A casual reading … likelihood of allowing noise in the aggregate CPI at a seasonal frequency. This argues in favor of seasonally adjusting the index …

We show that standard menu cost models cannot simultaneously reproduce the dispersion in the size of micro-price … changes and the extent to which the fraction of price changes increases with inflation in the U.S. time-series. Though the … Golosov and Lucas (2007) model generates fluctuations in the fraction of price changes, it predicts too little dispersion in …

domestic and import price Phillips Curves up, similar to reduced-form markup shocks. Further, data on prices and quantities …