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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
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 … other year in post-war Germany. There are also clear signs that the crisis is causing severe long-term economic damage …
Persistent link: https://www.econbiz.de/10014545082
The 2010 Patient Protection and Affordable Care Act (ACA) introduced a mandate requiring chain restaurants to post calorie counts on menus and menu boards. This paper investigates whether and why calorie posting laws work. To do so, we develop a model of calories consumed that highlights two...
Persistent link: https://www.econbiz.de/10012194955
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
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
. Evidence suggests that the stricter quality standards increased the transaction price of used condominiums by 15% in the Tokyo …
Persistent link: https://www.econbiz.de/10009755328
Occupational licensing is intended to protect consumers. Whether it does so is an important, but unanswered, question. Exploiting variation across states and municipalities in the timing and details of midwifery laws introduced during the period 1900-1940, and using a rich data set that we...
Persistent link: https://www.econbiz.de/10011517692