Showing 1 - 10 of 2,007
themselves. What drives their supply, demand, trading price and competition amongst them. This literature has been emerging over …
Persistent link: https://www.econbiz.de/10013250041
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
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 … whether they indeed help lower the overall fuel price level is unclear. In this paper, we study the effect of Austria’s Fuel …
Persistent link: https://www.econbiz.de/10013250741
In the U.S. real estate market, around 30 percent of listed properties remain unsold. We examine whether unsold property listings exert externalities in the housing market. Our study builds on a comprehensive dataset that encompasses residential property listings in Orange County (California)...
Persistent link: https://www.econbiz.de/10014242006
The rebound effect is a well-known behavioral response whereby potential energy savings from efficiency improvements are partially offset by increased consumption of energy services, as the marginal cost of energy services is reduced. This paper characterizes a similar rebound effect related to...
Persistent link: https://www.econbiz.de/10012870638
By means of a laboratory experiment, we show that, contrary to standard consumer theory, financially equivalent balance …
Persistent link: https://www.econbiz.de/10012845685
its intensity (i.e., the tax rate or the quota level) to price pollution. When countries price pollution non …
Persistent link: https://www.econbiz.de/10012834363
We analyze price dispersion using panel data from a large price comparison site. We use past pricing behavior to … greater price adjustment costs result in greater price dispersion. Although the impact of price adjustment costs on price … dispersion became weaker over time, the causal effect of price adjustment costs on price dispersion is still present at the end …
Persistent link: https://www.econbiz.de/10012892080
We derive exact conditions relating the distributions of firm productivity, sales, output, and markups to the form of demand in monopolistic competition. Applications include a new “CREMR” demand function (Constant Revenue Elasticity of Marginal Revenue): it is necessary and sufficient for...
Persistent link: https://www.econbiz.de/10012892151
We estimate the effects of monetary policy on price-setting behavior in administrative micro data underlying the German … producer price index. We find a strong degree of monetary non-neutrality. After expansionary monetary policy, the mass of … additional price adjustments is economically small and the average absolute size across all price changes falls. The aggregate …
Persistent link: https://www.econbiz.de/10012857905