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How EU Markets Became More Competitive Than US Markets : A Study of Institutional Drift

Gutiérrez, Germán - 2018

across countries, we show that these expenditures explain the relative rise of concentration and market power in the US …

Persistent link: https://www.econbiz.de/10012453020

A Working Model for Predicting the Consumption and Revenue Impacts of Large Increases in the U.S. Federal Cigarette Excise Tax

Harris, Jeffrey E. - 1994

This report describes an easily computable model of the relation between cigarette prices and cigarette consumption in the United States. The model is used to predict the revenue impacts of Federal excise tax hikes ranging from $0.45 to $1.76 per pack

Persistent link: https://www.econbiz.de/10012474117

The Cost of Fuel Economy in the Indian Passenger Vehicle Market

Chugh, Randy - 2011

To investigate how fuel economy is valued in the Indian car market, we compute the cost to Indian consumers of … hedonic price functions for four market segments (petrol hatchbacks, diesel hatchbacks, petrol sedans, and diesel sedans) to … associated present value of fuel savings falls within the 95 percent confidence interval for some specifications, in all market …

Persistent link: https://www.econbiz.de/10012461670

Decomposing the great trade collapse : products, prices, and quantities in the 2008-2009 crisis

Haddad, Mona - 2011

"We identify a new set of stylized facts on the 2008-2009 trade collapse that we hope can be used to shed light on the importance of demand and supply-side factors in explaining the fall in trade. In particular, we decompose the fall in international trade into product entry and exit, price...

Persistent link: https://www.econbiz.de/10011395038

Price Level Convergence Among United States Cities : Lessons for the European Central Bank

Cecchetti, Stephen G. - 2000

We study the dynamics of price indices for major U.S. cities using panel econometric methods and find that relative price levels among cities mean revert at an exceptionally slow rate. In a panel of 19 cities from 1918 to 1995, we estimate the half-life of convergence to be approximately nine...

Persistent link: https://www.econbiz.de/10012471080

Eurosystem Monetary Targeting : Lessons from U.S. Data

Rudebusch, Glenn D. - 1999

Using a small empirical model of inflation, output, and money estimated on U.S. data, we compare the relative performance of monetary targeting and inflation targeting. The results show that monetary targeting would be quite inefficient, with both higher inflation and output variability. This is...

Persistent link: https://www.econbiz.de/10012471609

The Aftermath of the 1992 ERM Breakup : Was There a Macroeconomic Free Lunch?

Gordon, Robert J. - 1999

This paper examines the macroeconomic aftermath of the 1992 breakdown of the European Exchange Rate Mechanism (ERM). The economic performance of six leaver' nations is compared with five stayer' nations that maintained a roughly fixed parity with the Deutsche Mark. Recent writing about...

Persistent link: https://www.econbiz.de/10012471843

Addressing Biases that Impact Homeowners' Adoption of Solar Panels

Kunreuther, Howard; Polise, Anna; Spellmeyer, Quinlyn - National Bureau of Economic Research - 2021

Solar power is now economically competitive with fossil fuels in many countries, yet relatively few homeowners have installed solar panels on their property. A principal reason for this behavior stems from cognitive biases--such as myopia, inertia and herding--that cause consumers to avoid...

Persistent link: https://www.econbiz.de/10012510556

U.S. Budget Deficits and the European Economies : Resolving the Political Economy Puzzle

Feldstein, Martin - 1986

This paper, prepared for the annual meetings of the American Economic Association, discusses how the increases in the U.S. budget deficits since 1980 have affected the economies of Western Europe. The analysis emphasizes that U.S. deficits have not only affected these economies directly but have...

Persistent link: https://www.econbiz.de/10012477287

The International Linkage of Real Interest Rates : The European - U.S. Connection

Cumby, Robert E. - 1984

Casual observation indicates that in recent years real interest rates in the United States appear to have risen sharply and have remained high relative to historical standards. Many observers have claimed that these high real rates have been transmitted abroad and have lead to high real rates in...

Persistent link: https://www.econbiz.de/10012477666