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Spain is Different: Falling Trends of Inequality

Pijoan-Mas, Josep; Sánchez-Marcos, Virginia - C.E.P.R. Discussion Papers - 2009

labor market, but instead the Spanish family does not seem to have been an important insurance mechanism. Regarding …

Persistent link: https://www.econbiz.de/10008506839

Do Consumers Care About How Prices Are Set?

Courty, Pascal; Pagliero, Mario - C.E.P.R. Discussion Papers - 2007

Using a survey approach, we ask consumers to reveal their preferences over pricing schemes that may differ in terms of the average price of consumption, the amount of price variation, and the probability of being rationed. We find that consumers dislike pricing schemes that vary prices more but...

Persistent link: https://www.econbiz.de/10005504691

Matched Fundraising: Evidence from a Natural Field Experiment

Huck, Steffen; Rasul, Imran - C.E.P.R. Discussion Papers - 2010

We present evidence from a natural field experiment designed to shed light on the efficacy of fundraising schemes in which donations are matched by a lead donor. In conjunction with the Bavarian State Opera House, we mailed 14,000 regular opera attendees a letter describing a charitable...

Persistent link: https://www.econbiz.de/10008680761

Comparing Charitable Fundraising Schemes: Evidence from a Natural Field Experiment and a Structural Model

Huck, Steffen; Rasul, Imran; Shephard, Andrew - C.E.P.R. Discussion Papers - 2013

We present evidence from a natural field experiment and structural model designed to shed light on the efficacy of alternative fundraising schemes. In conjunction with the Bavarian State Opera, we mailed 25,000 opera attendees a letter describing a charitable fundraising project organized by the...

Persistent link: https://www.econbiz.de/10011084280

Charitable Giving and Nonbinding Contribution-level Suggestions: Evidence from a Field Experiment

Adena, Maja; Huck, Steffen; Rasul, Imran - C.E.P.R. Discussion Papers - 2014

When asking for donations, charitable organizations often suggest a potential amount to contribute. However, the evidence concerning the effects of such suggestions is scarce and inconsistent. Unlike the majority of earlier studies concerned with small-money solicitations, we examine the effect...

Persistent link: https://www.econbiz.de/10011084485

Durable Goods, Borrowing Constraints and Consumption Insurance

Cerletti, Enzo; Pijoan-Mas, Josep - C.E.P.R. Discussion Papers - 2012

conventional measures of insurance based on the response of non-durable consumption to income changes. The sign of this bias … depends critically on the persistence of the shock. We show that households have less insurance against transitory shocks and … more insurance against permanent shocks than commonly measured. We calibrate the model economy to the US in order to …

Persistent link: https://www.econbiz.de/10011084596

Price Variation Antagonism and Firm Pricing Policies

Courty, Pascal; Pagliero, Mario - C.E.P.R. Discussion Papers - 2007

Pricing schemes that vary prices in response to demand shocks may antagonize consumers and reduce demand. At the same time, consumers may take advantage of the opportunities offered by price changes. Overall, the net impact of varying price on demand is ambiguous. We investigate the issue...

Persistent link: https://www.econbiz.de/10005656358

Does Responsive Pricing Smooth Demand Shocks?

Courty, Pascal; Pagliero, Mario - C.E.P.R. Discussion Papers - 2008

Using data from a unique pricing experiment, we investigate Vickrey’s conjecture that responsive pricing can be used to smooth both predictable and unpredictable demand shocks. Our evidence shows that increasing the responsiveness of price to demand conditions reduces the magnitude of...

Persistent link: https://www.econbiz.de/10005661936

Flat Tax Reforms in the US: A Boon for the Income Poor

Díaz-Giménez, Javier; Pijoan-Mas, Josep - C.E.P.R. Discussion Papers - 2006

In this article we quantify the aggregate, distributional and welfare consequences of two revenue neutral flat-tax reforms using a model economy that replicates the U.S. distributions of earnings, income and wealth in very much detail. We find that the less progressive reform brings about a 2.4%...

Persistent link: https://www.econbiz.de/10005662104

Flat Tax Reforms: Investment Expensing and Progressivity

Díaz-Giménez, Javier; Pijoan-Mas, Josep - C.E.P.R. Discussion Papers - 2011

In this article we quantify the aggregate, distributional and welfare consequences of investment expensing and progressivity in flat-tax reforms of the United States economy. We find that investment expensing as in the Hall and Rabushka type of reform brings about sizable output gains and a...

Persistent link: https://www.econbiz.de/10008854542