a dynamic panel-data model, our estimates indicate that decline of import-price sensitivity to the exchange rate is not …

norms that affect everyone. -- time use ; labor supply ; synchronous activities ; time zones …

We utilize the analytical construct of a stochastic supply function to provide an aggregate representation of a finite … collection of standard deterministic supply functions. We introduce a consistency postulate for a stochastic supply function that … may be satisfied even if no underlying deterministic supply function is rationalizable in terms of profit maximization …

This paper takes advantage of a natural experiment to examine the relationship between the price and saliency of health …

the minimum wage and to the micro patterns of price stickiness. For that purpose, we use a unique dataset of individual … price quotes collected to calculate the Consumer Price Index in France and we estimate a price rigidity model based on a … through to retail prices. -- Price stickiness ; minimum wage ; inflation ; restaurant prices …

the degree of price rigidity that is inherent to the price setting mechanism (intrinsic) and that which is due to the … price's driving variables (extrinsic). Using two data sets consisting of a large fraction of the price quotes used to … compute the Belgian and French CPI, we are able to assess the role of intrinsic and extrinsic price stickiness in explaining …

provenance of the artwork, omitted variables in most previous studies, seem to be more important determinants of the sale price …) there is strong evidence in our data for the declining price anomaly, or "afternoon effect". -- Art auctions ; masterpiece … effect ; declining price anomaly ; Latin American art …

this issue by estimating crime-price elasticities from detailed data on criminal incidents in London between 2002 and 2012 … incidents and find evidence of significant positive price elasticities. We then study a particular group of crimes that have …