exporters within narrow product categories. Three, US growth in both import variety and import price dispersion has occurred at …-country differences in income distributions to variation in import variety and price variation. The theoretical predictions are examined …

and death-induced price changes. Using transactions from fine art auctions, we show that the empirically identified death … effects indeed conform to our theoretical predictions. We derive our results from hedonic art price regressions, making use of …

In this paper we show that price equalization alone is not sufficient to determine the barriers to international trade …. There are many barrier combinations that deliver price equalization, but each combination implies a different volume of … goods will deliver price equalization in capital goods, but cannot reproduce the observed trade flows. …

willingness to pay theory linked to hierarchic demand. These findings on income inequality do not falsify the quality expansion …

differentiation, informed consumers exert a positive externality on the purchasers of the high quality good as its price decreases … when the share of informed consumers decreases. Considering also that the price of the low quality good increases with the … with pessimistic consumers we can explain demand collapses and insensitivity to price changes due to consumer suspicions …