Showing 1 - 10 of 2,237
This paper examines the price impact and the predictability of the exchange rate movement using the transaction data …, the contemporaneous impact of order flows on the quote and deal prices are analyzed. Second, the price predictability is … interval. The t-statistics become larger as the prediction window becomes shorter. Price impacts of deals at one side of the …
Persistent link: https://www.econbiz.de/10012760548
rate. Multiple margins of adjustment (frequency of price changes, direction of price changes, size of price changes, exit … our dataset to show that degree of competition, stickiness of prices, synchronization of price changes, reputation of … sellers, and returns to search effort are important determinants of pass-through and speed of price adjustment for …
Persistent link: https://www.econbiz.de/10013048594
Sellers in eBay auctions have the opportunity to choose both a public minimum bid amount and a secret reserve price. We …, deterring serious bidders from entering the auction, and lowering the expected transaction price of the auction. We also present …
Persistent link: https://www.econbiz.de/10013228611
price with respect to per-capita income from a unique dataset that I construct, which features prices of 245 identical goods …—Mango. I find that doubling a destination's per-capita income results in an 18% increase in the price of identical items sold … cross-country price variations of identical items purchased via the Internet by consumers who do not take advantage of …
Persistent link: https://www.econbiz.de/10013139751
Digital labor markets are rapidly expanding and connecting companies and contractors on a global basis. We review the environment in which these markets take root, the micro- and macro-level studies of their operations, their ongoing evolution and recent trends, and perspectives for undertaking...
Persistent link: https://www.econbiz.de/10012956400
We use Adobe Analytics data on online transactions for millions of products in many different categories from 2014 to 2017 to shed light on how online inflation compares to overall inflation, and to gauge the magnitude of new product bias online. The Adobe data contain transaction prices and...
Persistent link: https://www.econbiz.de/10012918079
This paper evaluates the nature, relative incidence and drivers of software piracy. In contrast to prior studies, we analyze data that allows us to measure piracy for a specific product - Windows 7 - which was associated with a significant level of private sector investment. Using anonymized...
Persistent link: https://www.econbiz.de/10013061688
We study e-commerce across 47 economies and 26 industries during the COVID-19 pandemic using aggregated and anonymized transaction-level data from Mastercard, scaled to represent total consumer spending. The share of online transactions in total consumption increased more in economies with...
Persistent link: https://www.econbiz.de/10013299325
We study how search and information frictions shape market dynamics in global e-commerce. Observational data and self-collected quality measures from AliExpress establish the existence of search and information frictions. A randomized experiment that offers new exporters exogenous demand and...
Persistent link: https://www.econbiz.de/10014244045
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 …
Persistent link: https://www.econbiz.de/10013128895