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A common approach to measuring price changes is to look at the change of the expenditure needed to purchase a fixed basket of goods. It is well-known that this approach suffers from problems and creates several biases in the measurement of price changes faced by consumers. Substitution and...
Persistent link: https://www.econbiz.de/10012464214
This paper describes the characteristics of manufacturing establishments in Britain over the period 1980 to 1996, paying particular attention to differences between establishments of different ownership nationalities. The findings suggest that establishments that are always foreign-owned have...
Persistent link: https://www.econbiz.de/10012469126
Food purchases differ substantially across countries. We use detailed household level data from the US, France and the UK to (i) document these differences; (ii) estimate a demand system for food and nutrients, and (iii) simulate counterfactual choices if households faced prices and nutritional...
Persistent link: https://www.econbiz.de/10012459911