Showing 1 - 10 of 1,496
margin should not be associated with significant house price capitalization effects. Our empirical results are in line with …
Persistent link: https://www.econbiz.de/10010344812
studies in Germany. We find that the relative price of ecosystem services has increased by more than four percent per year in … recent decades. Heterogeneity analysis suggests that relative price changes are most substantial for regulating ecosystem … services. Our findings underscore the importance of considering relative price adjustments in governmental project appraisal …
Persistent link: https://www.econbiz.de/10013168021
Persistent link: https://www.econbiz.de/10003363903
We document individual willingness to fight climate change and its behavioral determinants in a large representative sample of US adults. Willingness to fight climate change – as measured through an incentivized donation decision – is highly heterogeneous across the population. Individual...
Persistent link: https://www.econbiz.de/10012597131
The conventional view, as expounded by sticky-price models, is that price adjustment determines the PPP reversion rate …. This study examines the mechanism by which PPP deviations are corrected. Nominal exchange rate adjustment, not price …
Persistent link: https://www.econbiz.de/10011507767
substantial price differences between gas from different export countries, and do prices move together? Time series of Norwegian … prices for gas to Germany move proportionally over time, indicating an integrated gas market (the Law of One Price holds). We …. Among the explanatory factors for price discrepancies are differences in volume flexibility (swing) and perceived political …
Persistent link: https://www.econbiz.de/10009781639
We apply and extend the cost-based approach to bundling and tying under competition developed in Evans and Salinger (2004a) to over-the-counter pain relievers and cold medicines. We document that consumers pay much less for tablets with multiple ingredients than they would to buy tablets with...
Persistent link: https://www.econbiz.de/10011451375
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/10012119750
We study how mandatory online disclosure of supermarket prices affects prices and price dispersion in brick … in price dispersion and a 4% to 5% drop in prices following the transparency regulation. The price drop varied across …, we show that prices declined as more consumers used price-comparison websites, and we highlight the role of media …
Persistent link: https://www.econbiz.de/10011809924
became physically integrated. The oil-linked Continental gas price became dominant, due to both the large volume of the … opening up of the Interconnector (1998) the UK gas market had neither government price regulation nor a physical Continental … oil and electricity, took place. Using monthly price data, we find a highly integrated market where wholesale demand seems …
Persistent link: https://www.econbiz.de/10002578053