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and wine taxes were raised sharply and unexpectedly in 2009. Beer taxes were increased by only a trivial amount. We …
Persistent link: https://www.econbiz.de/10012834468
related to the real price of beer and to the minimum legal age for its purchase and consumption. The negative price and legal …, we find that the frequency of the consumption of beer, the most popular alcoholic beverage among youths, is inversely … drinking age effects are by no means limited to reductions in the fraction of youths who consume beer infrequently (less than …
Persistent link: https://www.econbiz.de/10014143806
a unit of alcohol in beer, in wine and in spirits. This paper provides some new empirical evidence of what effect … consumption results from an increase in spirits taxes, followed by beer taxes and then wine taxes. This suggests that the existing … generally accepted taxation policy of placing the highest tax on spirits, a lower tax on beer, and the lowest tax on wine …
Persistent link: https://www.econbiz.de/10013210638
positively related to this variable. Clearly, these are policy-relevant findings since price is a policy-manipulable variable …
Persistent link: https://www.econbiz.de/10013221933
responses to rivals' price advertising and find that small, non-advertising stores raise their prices of products advertised by … rivals beyond their baseline price increase, while larger, advertising stores raise by less their prices of rival …-advertised products. We find no reductions in price dispersion across stores with the introduction of price advertising. However, those …
Persistent link: https://www.econbiz.de/10013237253
The purpose of this paper is to examine the relationship between the price of alcoholic beverages and the incidence of … violence is well documented, as is the negative relationship between the quantity of alcohol consumed and its price. These two … reduced form model is estimated where the probability of being a victim of violent crime is determined by the price of alcohol …
Persistent link: https://www.econbiz.de/10014167634
Fundamental tax reform may change relative prices of consumption goods and may therefore have important effects on the uses side that are ignored by most general equilibrium simulation models. For a uniform rate of tax, in our model, results on the uses side are driven by the nonuniform tax...
Persistent link: https://www.econbiz.de/10013237936
Since 2006, U.S. households have received more than $18 billion in federal income tax credits for weatherizing their homes, installing solar panels, buying hybrid and electric vehicles, and other "clean energy" investments. We use tax return data to examine the socioeconomic characteristics of...
Persistent link: https://www.econbiz.de/10013017933
, 70 percent of energy price-driven changes in input costs get passed through to consumers in the short- to medium-run. The …
Persistent link: https://www.econbiz.de/10012991670
This paper measures the direct and indirect incidence of a carbon tax using current income and two measures of lifetime income to rank households. Our results suggest that carbon taxes are more regressive when annual income is used as a measure of economic welfare than when proxies for lifetime...
Persistent link: https://www.econbiz.de/10012753780