state gasoline and diesel taxes to retail prices, and importantly we estimate the dependence of pass-through on factors … constraining the gasoline and diesel supply chains. We consider several factors that alter the elasticity of supply, including … variation in the demand for untaxed uses of diesel. In general, we find that in periods of time when the supply chain is …

crops to estimate the effect of crop insurance on the output and prices of the insured crops.We find that the supply of and … reflected in output and prices. Exploiting variation in the timing of program introduction in different locations for different … negative effect on prices of insured crops. This last finding is consistent with the view that demand for such highly …

characteristics, and commuting opportunities. The aggregation of these individual choices in markets and in other institutions … influences the supply of amenities and local public goods. Pollution, congestion, and the quality of public education are … limited to prices and quantities. Sorting models can integrate descriptions of how non-market goods are generated, estimate …

We study the daily behavior of supermarket prices and product availability following two recent natural disasters: the … slowly, and a significant share of goods remained out of stock after six months. By contrast, prices were relatively stable … findings shed light into the determinants of sticky prices in conditions where traditional adjustment costs are less important …

extremely inelastic, price response is muted by a significant supply response that is obscured if futures prices are not …We present a new framework to identify demand and supply elasticities of agricultural commodities using yield shocks … using current-period shocks that give rise to exogenous shifts in supply. Supply is identified using past shocks, which …

counties. We also find that this supply effect is unidirectional, with no evidence to suggest that surgeons retreat when …

treatment of HIV/AIDS. Many supply- and demand-side factors in sub-Saharan Africa could cause smaller than expected …

The surge in credit and house prices that preceded the Great Recession was particularly pronounced in ZIP codes with a … distributed across geographic locations, which can reproduce this stylized fact as a result of an expansion in the supply of … sustain debt. As a result, when the supply of credit increases and interest rates fall, they take on disproportionately more …

Incomplete product availability is an important feature of many markets; ignoring changes in availability may bias …