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Reducing systemic liquidity risk related to seasonal swings in loan demand was one reason for the founding of the … extent of banks' ability to mitigate seasonal loan demand variation predict banks' decisions to join the Federal Reserve …
Persistent link: https://www.econbiz.de/10013012699
. We show that prices tend to fall during the seasonal demand peak for a product and that changes in retail margins account …
Persistent link: https://www.econbiz.de/10013231859
-loan collateral values may have affected both the demand and the supply of mortgages. Standard time series models using repeat … the loan level substantiates both supply and demand effects of past price trends in housing markets, particularly with …
Persistent link: https://www.econbiz.de/10013156426
Discrete choice demand models are widely used for counterfactual policy simulations, yet their out … choice models of school demand. In 2013, Boston Public Schools considered several new choice plans that differ in where …, suggesting that the choice models are indeed “structural.” Our findings show that structural demand models can effectively …
Persistent link: https://www.econbiz.de/10012943607
discrete choice models of demand compared to simpler alternatives. In 2013, Boston Public Schools (BPS) proposed alternative …. Pathak and Shi (2013) estimated discrete choice models of demand using families' historical choices and these demand models … of discrete choice models of demand in our context …
Persistent link: https://www.econbiz.de/10013059907
Can measured risk attitudes and associated structural models predict insurance demand? In an experiment (n = 1,730), we …
Persistent link: https://www.econbiz.de/10013312498
advertisements for menthol cigarettes on cigarette demand. Unlike previous research on cigarette advertising and demand, we use … to control for individual heterogeneity that influences both advertising exposure and cigarette demand. We exploit quasi … advertising effects on multiple margins of cigarette demand. Our empirical results do not provide any evidence that menthol …
Persistent link: https://www.econbiz.de/10013010291
Pharmaceutical firms currently spend over $4 billion on direct-to-consumer advertising (DTCA) of prescription drugs, a nearly 30-fold increase since 1993 that has led to much debate about its value to patients. We examine how DTCA influences drug utilization along the extensive and intensive...
Persistent link: https://www.econbiz.de/10013011931
-entry dynamics of quantities, but no post-entry dynamics of markups. This suggests that shifts in demand play an important role in … successful entry, but that firms do not use dynamic manipulation of markups as an instrument to shift demand. We structurally … advertising to acquire new customers and thereby shift demand and increase sales. In the second, they use temporarily low markups …
Persistent link: https://www.econbiz.de/10013224339
of broadcast and non-broadcast DTCA on price and demand, utilizing an extended time series of monthly records for all … an increase in demand as a result of the DTCA expansion and the remainder due to higher prices …
Persistent link: https://www.econbiz.de/10013143766