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 …

country. We use the elasticity of price and quantity to exchange rate shocks, which shift the relative costs of producers from … data on exports of U.S. linerboard and German beer to a variety of destination markets. The destination-specific panel data …

accident mortality rates of youths ages 15 through 17, 18 through 20, and 21 through 24 are negatively related to the real beer … purchase of beer. Simulations suggest that the lives of 1,022 youths between the ages of 18 and 20 would have been saved in a … typical year during the sample period if the Federal excise tax rate on beer, which has been fixed in nominal terms since 1951 …