Showing 1 - 10 of 1,197
We report on a large randomized controlled trial of hospital insurance for above-poverty-line Indian households. Households were assigned to free insurance, sale of insurance, sale plus cash transfer, or control. To estimate spillovers, the fraction of households offered insurance varied across...
Persistent link: https://www.econbiz.de/10012745305
This paper investigates the link between product quality and price setting for central processing units (CPUs). Using thousands of price quotes from a popular price-comparison website, we find that market fundamentals, such as the number of sellers, median price, share of convenient prices and...
Persistent link: https://www.econbiz.de/10012419306
This paper explores the aggregate economic effects from India's National Rural Employment Guarantee Scheme (NREGS …
Persistent link: https://www.econbiz.de/10012293537
This paper presents a tractable formalization and an empirical investigation of the quality-complementarity hypothesis, the hypothesis that input quality and plant productivity are complementary in generating output quality. We embed this complementarity in a general-equilibrium trade model with...
Persistent link: https://www.econbiz.de/10003794048
of the banana plants because of sufficiently low elasticity of demand. Using the cyclones of 2006 and 2011 as exogenous … events, we identify the elasticity of demand for bananas in Australia to be around -0.5. We indeed find limited evidence for …
Persistent link: https://www.econbiz.de/10010250023
Most demand -- especially labor demand -- is derived from the demand for some other product. This note demonstrates … case of derived demand. -- derived demand ; indirect demand ; consumers's surplus ; economic rent …
Persistent link: https://www.econbiz.de/10003333109
The increasing use of demand-side management as a tool to reliably meet electricity demand at peak time has stimulated … the growing literature on models used to study demand, consumer baseline (CBL) and demand response in the electricity … market. After characterizing the general demand models, it reviews consumer baseline based on which further study the demand …
Persistent link: https://www.econbiz.de/10009548648
We prove that the change in welfare of a representative consumer is summarized by the current and expected future values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility while taking prices parametrically. This result justifies...
Persistent link: https://www.econbiz.de/10003925275
We show that the welfare of a country's infinitely-lived representative consumer is summarized, to a first order, by total factor productivity and by the capital stock per capita. These variables suffice to calculate welfare changes within a country, as well as welfare differences across...
Persistent link: https://www.econbiz.de/10009535843
In Germany, the productivity of professional services, a sector dominated by micro and small firms, declined by 40 percent between 1995 and 2014. This productivity decline also holds true for professional services in other European countries. Using a German firm-level dataset of 700,000...
Persistent link: https://www.econbiz.de/10012600941