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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 …
Persistent link: https://www.econbiz.de/10012480066
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 …
Persistent link: https://www.econbiz.de/10012473706
of recent research on quality change and comments on the current status of the CPI and of price measurement research …
Persistent link: https://www.econbiz.de/10012470991
The recent financial crisis in Indonesia has resulted in dramatic price increases. Using very recent data, we … investigate whether these price increases have impacted the cost-of-living of poor households in a disproportionately harsh way …
Persistent link: https://www.econbiz.de/10012471594
An indexed unit of account is a unit of measurement defined using an index such as a consumer price index so that … creating such units is an important policy option for governments in countries with unstable price levels. A model is given … increase the frequency of index computation when the price level becomes more volatile …
Persistent link: https://www.econbiz.de/10012471627
unequal welfare effects of non-marginal foreign price changes also depend on differences in how consumers substitute between … the Swiss franc, we provide evidence that lower income households have higher price elasticities. These differences in … elasticities contribute significantly to the unequal welfare effects of large import price changes …
Persistent link: https://www.econbiz.de/10012938726
We use the structure of the Melitz (2003) model to compare the cost of living and welfare across countries, while incorporating product variety measured by the count of barcodes or firms. For 47 countries, we compare welfare relative to the United States to conventional measures of real...
Persistent link: https://www.econbiz.de/10012510589
Economic shocks are notoriously difficult to predict but recent research suggests qualitative metrics about economic actors' expectations are predictive of downturns. We show consumer expectations indices from both the Conference Board and the University of Michigan predict economic downturns up...
Persistent link: https://www.econbiz.de/10012660050
Many price indices must be constructed without quantity data at the elementary level. We show that for some consumer … reduces bias in the frequency of price changes, in annual inflation, and in price comparisons across countries …
Persistent link: https://www.econbiz.de/10012585386