We study price-setting behavior in German firm-level survey data to infer the relative importance of supply and demand … during the Covid-19 pandemic. Supply and demand forces coexist, but demand shortages dominate in the short run. A reported … percentage points. These results imply a role for aggregate demand stabilization policy to buffer the economic consequences of …

own-price elasticity of quantity demand for soda of between -1.0 and -1.3. These estimates ignore consumer responses on … prices to estimate unrestricted demand models that correct for both errors. The corrected own-price elasticity of quantity … demand is just -0.2 to -0.3, so tax-induced soda price increases might cut average weights by less than one pound, which is …

We discuss changes in the demand for paid sex accompanying the criminalization of prostitution in the United Kingdom … Lifestyles (Natsal2, conducted in 2000-2001 and Natsal3, conducted in 2010-2012) to illustrate the changes in demand that have … taken place across the two waves. We do not find demand decreasing in our sample and find a shift in the composition of …

treatment and policy evaluation. In contrast to previous simulation studies which mostly considered semiparametric approaches …

power has become a policy priority. To fill this knowledge gap, this paper introduces a simple simulation method, the …

likely to be unreliable. Multilevel (hierarchical) modelling methods are commonly used in this context but they are no …