Showing 1 - 10 of 57
We consider assets when individuals were last observed prior to death in the Health and Retirement Study (HRS) and trace assets backwards to the age when these individuals were first observed. For most individuals, assets in the last year observed (LYO) were very similar to assets in the first...
Persistent link: https://www.econbiz.de/10012456987
We document a change in household shopping behavior during the Great Recession. Households purchased more on sale, larger sizes and generic products, increased coupon usage, and shopping at discount stores. We estimate that the returns to these shopping activities declined during the recession...
Persistent link: https://www.econbiz.de/10012457349
goods as incentives, and estimates respondents' willingness to support the oldest food bank in the U.S …
Persistent link: https://www.econbiz.de/10012457379
(QHFT) model, we classify export goods (at the HS 6-digit level of disaggregation) by quality and price competition. We find … a high proportions of quality-competition goods for the major EU countries and lower proportions for Canada, Australia … and China. However, the overlap of these quality-competition goods is not large, which suggests that characteristics of …
Persistent link: https://www.econbiz.de/10012464335
Incomplete product availability is an important feature of many markets; ignoring changes in availability may bias demand estimates. We study a new dataset from a wireless inventory system installed on 54 vending machines to track product availability every four hours. The data allow us to...
Persistent link: https://www.econbiz.de/10012464336
We show that international trade in goods is the main determinant of international equity portfolios and offers a …
Persistent link: https://www.econbiz.de/10012465027
We examine a generalized version of Flam and Helpman’s (1987) model of vertical differentiation that maps cross-country differences in income distributions to variations in import variety and price distributions. The theoretical predictions are examined and confirmed using micro data on...
Persistent link: https://www.econbiz.de/10012466134
preferences for local public goods, product markets may provide an analogous incentive to sort into a community whose consumers … tend to share his preferences in private goods. Using zip code level data on chain restaurants and restaurants overall …
Persistent link: https://www.econbiz.de/10012466699
This paper examines the question whether adjudication can be viewed as a private good, i.e., one whose optimal level will be generated in a free market. Part I focuses on private courts, noting their limitations as institutions for dispute resolution and rule creation but also stressing the...
Persistent link: https://www.econbiz.de/10012478886
This paper uses a dynamic factor model for the quarterly changes in consumption goods' prices to separate them into … disappears once we control for goods' relative-price changes. This supports modern theories of inflation dynamics based on price … rigidities and many consumption goods …
Persistent link: https://www.econbiz.de/10012465024