We use microdata underlying U.S. consumer, producer and import price indices to document how the distribution of price … policy? Using a flexible accounting framework which collapses the high-dimensional distribution of price changes into a … single measure of aggregate price flexibility, we show that flexibility is highly variable and countercyclical …

relationship between price declines and volume increases upon LOE holds among these drugs. First, we examine the extent to which … utilization subsequent to LOE. We observe substantial price erosion after generic entry; average monthly price declines appear to …

Did the 1973 and 1979 gasoline price rises change consumer views about the relative quality of different cars? This … effect of gasoline price increases but also for the effects of changes in other prices and income, we develop two alternative … fraction of the coefficient change that did occur during this period can be attributed to the gasoline price increase alone …

hedonic methods may overstate the price decline of personal computers. We model computers as a durable good and suppose that … the true price of computer services at the time the machine is purchased with the concurrent level of software. To assess … these theoretical results we estimate the model and find that before 2000 the hedonic price index constructed with BLS …

) health impact, 2) effectiveness in helping smokers quit, 3) bans in public places, and 4) price. We conduct an online … motivated more by smokers' health concerns than by price or smoking bans. The latent class model identifies three types of …

but the signaling effect of price is far from complete, especially for non-innovator brands. The look of the pharmacy, as … are likely to suspect low quality from market price, non-innovator brand and the look of the pharmacy, but none of these …