subsidized. We use a framed field experiment to disentangle and study the relative importance of the price and non-price effects …-flow showerhead and are either confronted with the introduction of a subsidy or a same-sized price decrease. We find a demand increase … of about 3-percent when the price decreases and a significantly larger demand increase of about 9-percent when the …

consumption while staying at home, as opposed to income shocks experienced during the pandemic. We also rule out an increase in …

. We apply a hedonic price model to the German automobile market by using data on detailed technical specifications of high …

A number of studies have evaluated the social welfare impact of price and income changes using equivalent incomes that … are computed at some reference price vector, and an aggregator with these equivalent incomes as arguments in place of a … social welfare function. This paper investigates the impact of the choice of the reference price vector on the results of …

externalities are involved. In contrast, classic price-based polices will need correctives to account for present bias arising under …

Our paper studies the relationship between money growth and consumer price inflation in the euro area using wavelet …