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Price variability and price dispersion in a stable monetary environment : evidence from German retail markets

Fengler, Matthias R.; Winter, Joachim - 2000

We investigate the relationship between inflation and price variation using highly disaggregated, weekly price data for … rates of price change and price dispersion, both at the level of individual products and product groups. However, we find no … correlation between the rates of price change and price variability. Together with results from similar studies, Tommasi (1993 …

Persistent link: https://www.econbiz.de/10009612033

The influence of inventory effects and reference points on the rate of consumption

Bell, David R.; Boztuğ, Yasemin - 2001 - Rev.

The authors develop and test a model to study the influence of inventory-on-hand and price-based reference points on … positive and negative deviations from category price expectations. The model is estimated on eleven product categories. The …

Persistent link: https://www.econbiz.de/10009615422

Worry and the illusion of safety : evidence from a real-objects experiment

Schade, Christian D.; Kunreuther, Howard - 2002

We analyze the impact of an individual's tendency to worry on willingness to pay (WTP) for a protective measure. We report on the results of a controlled experiment with real objects at stake. Worry was measured with the Worry Domains Questionnaire, an instrument determining an individual's...

Persistent link: https://www.econbiz.de/10009621419

Learning to like what you have : explaining the endowment effect

Huck, Steffen; Kirchsteiger, Georg; Oechssler, Joerg - 1997

The endowment effect describes the fact that people demand much more to give up an object than they are willing to spend to acquire it. The existence of this effect has been documented in numerous experiments. We attempt to explain this effect by showing that evolution favors individuals whose...

Persistent link: https://www.econbiz.de/10009657123

Sticky information vs. sticky prices : a horse race in a DSGE framework

Trabandt, Mathias (contributor) - 2003 - [Elektronische Ressource], rev

Persistent link: https://www.econbiz.de/10001916974

Complementarity of labor market institutions, equilibrium unemployment and the propagation of business cycles

Burda, Michael C.; Weder, Mark - 2001

This paper evaluates complementarities of labor market institutions and the business cycle in the context of a stochastic dynamic general equilibrium model economy. Matching between workers and vacancies with endogenous time spent in search, Nash{bargained wages, payroll taxation, and...

Persistent link: https://www.econbiz.de/10009614292