Using input–output data from Symmetric Input–Output Tables for the year 2010 and relevant price models, this paper provides empirical estimations of medium- and long-run effects of wage and currency devaluations on international price competitiveness and income distribution for two ‘PIIGS...

Using supplier-level trade data, we estimate the effect on consumer welfare from changes in U.S. imports both in the aggregate and for different household income groups from 1998 to 2014. To do this, we use consumer preferences which feature non-homotheticity both within sectors and across...

In diesem Beitrag wird mit dem Strukturwandel zugunsten des Dienstleistungssektors und der wachsenden Polarisierung der Einkommensverteilung die Interaktion zweier ökonomischer "Megatrends" betrachtet. Im Mittelpunkt stehen dabei die sozialen Konsequenzen der "Baumol'schen Kostenkrankheit", von...

Exchange rate pass-through (ERPT) into prices and into income loss are shown to be enough to calculate ERPT into welfare loss by using implications of a simple model. These ERPT measures are estimated at the good level by using a unique micro-price data set from Turkey, and they are combined...