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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 …
Persistent link: https://www.econbiz.de/10003595347
This paper evaluates the gender-specific distributional impact of the recent cost-of-living crisis in six European countries using the Household Budget Survey to assess the degree of regressivity (affecting lower income households more) or progessivity (affecting higher income households more)...
Persistent link: https://www.econbiz.de/10014495897
account by using municipal housing price indices or by replacing the country-specific poverty line with municipal …-kind transfers ; geographical cost of living differences ; housing price indices ; municipal-specific poverty lines …
Persistent link: https://www.econbiz.de/10003755513
A large literature has documented a significant increase in the return to college over the past 30 years. This increase is typically measured using nominal wages. I show that from 1980 to 2000, college graduates have increasingly concentrated in metropolitan areas that are characterized by a...
Persistent link: https://www.econbiz.de/10003758957
consumer price inflation rate. -- Wage stickiness ; micro-level evidence ; measurement error …
Persistent link: https://www.econbiz.de/10003985883
This paper provides a single welfare measure to show the effects of consumer price changes upon households in Ireland … component using the Atkinson Social Welfare Function. The efficiency component includes the behavioural response to price … of households in response to price changes in most years. -- price ; inflation ; equivalent income ; welfare ; linear …
Persistent link: https://www.econbiz.de/10009306839
This paper investigates whether exchange rate pass-through (ERPT) into import prices is a nonlinear phenomenon for five heavily indebted Euro area countries, namely the so-called GIIPS group (Greece, Ireland, Italy, Portugal, and Spain). Using logistic smooth transition models, we explore the...
Persistent link: https://www.econbiz.de/10011376318
welfare by replicating the flexible price equilibrium. We analyze this result in the context of developing economies, where a … improves welfare outcomes. We also compute the optimal price index, which includes a positive weight on food prices but, unlike …
Persistent link: https://www.econbiz.de/10011307888
the channel through which the price declines take place is the informal labor market. Syrian refugees supply inexpensive …
Persistent link: https://www.econbiz.de/10011449784
, untaxed goods that are not substitutes for the taxed drinks. I analyze data from Mexico's Consumer Price Index program, using … after the tax took effect. Some simple calculations suggest that the soda price increase could lead to a two- to four …
Persistent link: https://www.econbiz.de/10011450606