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 …

price elasticities of demand using four alternative cigarette tax/price measures that compensate for the local tax … States. We estimate a price elasticity of total demand of -0.38 using the price measure most strongly compensating for the …We use data from the Tobacco Use Supplements to the Current Population Survey from 2006-2015 to calculate cigarette …

cigarette price and policy-related measures to estimate smoking cessation equations for young adult males and females separately …. The estimates clearly indicate that increases in cigarette prices would lead a significant number of young adults to quit …

first causal evidence on whether e-cigarette advertising on television and in magazines (which comprise about 90% of total …-cigarettes will draw cigarette smokers away from a dangerous habit or lure new initiates into tobacco use. We provide some of the … advertising but no for magazine advertising. Our results indicate that a policy to ban TV advertising of e-cigarettes would have …

We present a new framework to identify demand and supply elasticities of agricultural commodities using yield shocks … - deviations from a time trend of output per area, which are predominantly caused by weather fluctuations. Demand is identified … recycled as feed stock for livestock, the predicted price increase scales back to 20 percent. While commodity demand is …

's Longitudinal Business Database, we document that firms redistribute the employment impacts of local demand shocks across regions … sharp drop in consumer demand, leading to large employment losses in the non-tradable sector. Consistent with firms … local demand shocks in other counties linked through firms' internal networks. These results are not driven by direct demand …

crisis, we observe (not estimate) limit order demand and supply curves for individual stocks. Both curves have demonstrably … and demand elasticities correlate negatively at high frequencies. That is, when a stock exhibits an unusually elastic … demand curve, it tends simultaneously to exhibit an unusually inelastic supply curve, and vice versa. These findings have …

ingredients for policy analysis. Drawing on several examples, especially that of cigarette demand, we review the potential … suggest that these consensus estimates may have systematically overestimated the price responsiveness of cigarette demand …Econometric estimates of the responsiveness of health-related consumer demand to higher prices are often key …

demand, the size of the price change, and the degree of frictions. The degree of frictions is measured by the utility losses … labor supply elasticity of 0.33 on the intensive margin and 0.25 on the extensive margin after accounting for frictions …