in prices of add ons. Using 10 years of extended warranty data from a nationwide Canadian retailer, we show that extended … warranty prices respond strongly to changes in local economic activity whereas prices of underlying durable goods do not. The … procyclicality is driven by a shift in price setting behavior, where local stores use extended warranty discounts to make base …

in prices of add ons. Using 10 years of extended warranty data from a nationwide Canadian retailer, we show that extended … warranty prices respond strongly to changes in local economic activity whereas prices of underlying durable goods do not. The … pro-cyclicality is driven by a shift in price setting behavior, where local stores use extended warranty discounts to make …

detrended data for personal consumption expenditures and manufacturing output suggest that the U.S. economy has recovered to … near 90% of pre-pandemic levels as of March 2021, our structural VAR model shows that the component of manufacturing output …