Showing 1 - 10 of 348
estimate of firms' price responses to changes in prices of their competitors. We develop a general framework and an empirical …, which contains detailed information on firm domestic prices, marginal costs, and competitor prices. The rare features of …, that these findings have important implications for shaping the response of domestic prices to international shocks. …
Persistent link: https://www.econbiz.de/10011538001
This paper reviews the existing empirical evidence on the short-term impact on prices of fiscal variables and assesses … Commission and the OECD models. Overall, a broad consensus appears on the impact on prices of changes in individual government … limited impact on prices in the first year while, in contrast, changes in indirect taxes and employers' social security …
Persistent link: https://www.econbiz.de/10011604442
This paper investigates the persistence of aggregate wages and prices in Portugal assuming a model of a unionized … wages is attributable mainly to unemployment shocks (about 80 percent), whereas variation in the forecast errors of prices …). Productivity shocks explain somewhat less than 10 percent of the variation in forecast errors of wages and prices. …
Persistent link: https://www.econbiz.de/10011604991
prices of most consumer goods. They are the main interface between producers of consumer goods and consumers, with around … substantial, as this accounts for, on average, about 25% of consumer prices. The purpose of this report is to analyse the … structural features of the distributive trades sector and the developments within it, as well as how these may influence prices …
Persistent link: https://www.econbiz.de/10011606280
This study uses a comprehensive framework to quantify the welfare changes of rural and non-rural households in Mexico associated with the food price crisis of 2007. The total change in welfare is decomposed into five contributors. I find that income effects, i.e. changes through profits and...
Persistent link: https://www.econbiz.de/10011622909
The paper offers a new theoretical framework for linking inflation and accumulation, with the Israeli experience as a case study. The focal point is the process of differential accumulation by the largest core firms. The theory of differential accumulation suggests that the relative power of...
Persistent link: https://www.econbiz.de/10011644557
Taking into consideration the new Common Agricultural Policy (2014 -2020, for the milk sector, which will have as main component the milk quota removal after 2014, the present paper makes a comparative analysis of the indicators from the milk chain links (agriculture, processing, trade,...
Persistent link: https://www.econbiz.de/10011288240
indicators on the evolution of cultivated surfaces, yields and prices for main crops: the average annual rate of growth …
Persistent link: https://www.econbiz.de/10011288326
Especially in the short-term, prices in natural gas markets are not exclusively determined by overall supply and demand …, but also by the availability of the transport infrastructure. If transportation capacity is scarce, prices may form in … which also impact prices. Temporal and regional price differences, in turn, determine the value of storage and transport …
Persistent link: https://www.econbiz.de/10010270391
goals. The classical ones are entry prices and free entry. The museum club solution or exit donations allow for various … additional goals. Each scheme has clear advantages and disadvantages. We propose an innovative pricing instrument: Exit prices …
Persistent link: https://www.econbiz.de/10010270468