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analyze three therapeutic classes with different treatment durations and show that the reform led to substantial price … decreases for our lifelong treatment and to less substantial price reductions for our medium duration treatment while we do not …
Persistent link: https://www.econbiz.de/10010467805
Persistent link: https://www.econbiz.de/10001896413
This paper empirically examines the degree of persistence in four precious metal prices (i.e., gold, palladium, platinum, and silver) during the last four U.S. recessions. Unit root tests and fractional integration techniques suggest that gold still is the most prominent safe haven asset within...
Persistent link: https://www.econbiz.de/10014246740
the aftermath of the economic collapse of 1999. Specifically, we produce selection-corrected predictions of counterfactual …
Persistent link: https://www.econbiz.de/10003966975
In this paper we reassess the food consumption and dietary impact of the regimes of food and food price control and … workers' households. We also find that the price controls were particularly effective in changing the pattern of food spending …
Persistent link: https://www.econbiz.de/10009156099
domestic products) reference price system. We find that while our estimated consumer compensating variation is small, the …
Persistent link: https://www.econbiz.de/10009717701
This paper analyses the welfare effects of price restrictions on private contracting in a world where agents have a … government eliminates some that are on average inefficient - because the price signals that one of the parties has typically …
Persistent link: https://www.econbiz.de/10011414080
distortions. I consider an economy where workers have sector-specific skills and some sectors are regulated by a price floor … regulation for some goods. I provide sufficient conditions for deregulation, i.e. a general reduction in price floors, to be … Pareto-improving. They imply that demand cross-price elasticities should not be too large and that the reform should not be …
Persistent link: https://www.econbiz.de/10011951457
In the wake of the global energy crisis, many European countries used energy price controls to fight inflation and to … stabilize the economy. Despite its wide adoption, many economists remained skeptical. In this paper, we argue that price … to introduce an energy price brake in 2022. This failure to act decisively in response to heightened economic insecurity …
Persistent link: https://www.econbiz.de/10014545082
The process leading to the setting of the minimum wage so far has been fairly overlooked by economists. This paper suggests that this is a serious limitation as the setting regime contributes to explain cross-country variation in the fine-tuning of the minimum wage, hence in the way in which the...
Persistent link: https://www.econbiz.de/10003879369