"In this paper we propose a method to evaluate the effectiveness of U.S. horizontal merger policy and apply it to the … most problematic for the antitrust agencies. Thus we estimate an upper bound on the likely price effect of completed … mergers. Our study employs retail scanner data and uses familiar panel data program evaluation procedures to measure price …

-documented phenomenon in International Economics. This paper develops a framework for identifying the sources of local-currency price … information on the frequency of price adjustments in response to exchange-rate changes, in order to quantify the relative … the incomplete transmission of exchange-rate changes to prices. The approach is applied to micro data from the beer market …