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publicly report their charge prices. Our study evaluates the heterogeneous effects of this price transparency policy. We use a … synthetic control method that allows for heterogeneous treatment effects. We find that the price transparency policy not only … by 15.9% and hospital costs by 4.7%. Our estimation results show that the effects on charge prices do not last as long as …
Persistent link: https://www.econbiz.de/10012643545
at a fixed price before an auction. In the "Buy-It-Now" format, the seller has the bargaining power and offers a price … prior to the auction; whereas in the "Sell-It-Now" format, it is the buyer. Both formats are extensively used in online and … auction. …
Persistent link: https://www.econbiz.de/10011406561
We investigate how an artist’s death impacts on the price of her artwork by estimating individual death effects of a …
Persistent link: https://www.econbiz.de/10012194643
This paper studies the price and employment response of firms to the introduction of a nation-wide minimum wage in … insignificant. In contrast, affected firms increased prices much more frequently. The price effect is prevalent across different … degree of price pass-through were high and firms rolled over the lion's share of the costs generated by the minimum wage to …
Persistent link: https://www.econbiz.de/10011990059
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
We study planned price changes in German firm-level survey data to infer the relative importance of supply and demand …-on-quarter producer price inflation is predicted to decline by as much as 1.5 percentage points through August 2020. These results imply a …
Persistent link: https://www.econbiz.de/10012238496
This paper is concerned with ex ante and ex post counterfactual analyses in the case of macroeconometric applications where a single unit is observed before and after a given policy intervention. It distinguishes between cases where the policy change affects the model's parameters and where it...
Persistent link: https://www.econbiz.de/10009571104
This paper utilizes data on the presence of prominent individuals-that is, those with political (e.g., Members of Parliament) and aristocratic titles (e.g., lords)--on the boards of directors of English and Welsh banks from 1879 - 1909 to investigate whether the appointment of well-connected...
Persistent link: https://www.econbiz.de/10010465141
The withdrawal of the United Kingdom from the European Union has had disruptive effects on international trade. As part of its "Global Britain" strategy, in the wake of Brexit, the UK is pursuing a series of Free Trade Agreements with countries around the world, including Canada, Japan, Korea,...
Persistent link: https://www.econbiz.de/10012619413