Showing 1 - 10 of 396
We develop a programming algorithm that predicts a balanced-panel mix-adjusted house price index for arbitrary spatial … sparse. To illustrate the functionality, we generate a panel of German property prices and rents that is unprecedented in its … the density bias of price-to-rent ratios in levels and trends, within and between cities. Our method lends itself to the …
Persistent link: https://www.econbiz.de/10012657893
million ethnic Germans were expelled from Czechoslovakia’s Sudetenland, but some were allowed to stay, many of them left …-war Czechoslovakia and find a long-lasting footprint: Communist party support, party cell frequencies, far-left values, and social …
Persistent link: https://www.econbiz.de/10013237228
behaviour of investors and on Bitcoin price co-movements. Further, the probability of Bitcoin exchanges shutdowns is higher in …
Persistent link: https://www.econbiz.de/10012841932
This paper studies how the depreciation of sterling following the Brexit referendum affected consumer prices in the United Kingdom. Our identification strategy uses input-output linkages to account for heterogeneity in exposure to import costs across product groups. We show that, after the...
Persistent link: https://www.econbiz.de/10012844422
We use perturbation methods to derive a rule for the optimal risk-adjusted social cost of carbon (SCC) that incorporates the effects of uncertainties associated with climate and the economy from a calibrated DSGE model. We allow for different aversions to risk and intertemporal fluctuations,...
Persistent link: https://www.econbiz.de/10012872062
This paper reports the results from a statistical analysis of pharmaceutical price negotiations in Germany, where the …' launch strategy (freely chosen first year price) still has a major impact on pricing while the impact of the additional …
Persistent link: https://www.econbiz.de/10012860771
prices appears to be less pronounced and amounts to 6.6% lower prices. Austria’s fuel price regulation seems to have been … price regulations. Consumers demand stricter fuel price regulations to provide transparency about the current price level … and to protect them from sudden price fluctuations. Such regulations are already in place in several countries, but …
Persistent link: https://www.econbiz.de/10013250741
In recent years, a significant problem with the carbon credit market has been the higher than initially predicted price … fluctuations in prices. In this paper, we examine the dynamic auction design and propose a method to curb price volatility through … a flexible supply cap. The equilibrium analysis shows that modifying the cap on per period supply can decrease price …
Persistent link: https://www.econbiz.de/10013214329
explains large price heterogeneities across buyers, drug classes, and time periods. Additionally, of the drug price variation … transaction volume, buyer's loyalty, and multiple drug purchases strengthens buyer's bargaining power and results in a drug price …
Persistent link: https://www.econbiz.de/10012845687
We analyse the drivers of European Power Exchange (EPEX) wholesale electricity prices between 2012 and early 2022 using machine learning. The agnostic random forest approach that we use is able to reduce in-sample root mean square errors (RMSEs) by around 50% when compared to a standard linear...
Persistent link: https://www.econbiz.de/10014081588