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industry level. On the consumption side, industry- and state-specific international imports and elasticities of substitution … are shown to be systematically connected to consumption agglomeration effects, while on the production side, industry- and …
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This paper utilizes transaction-level data to examine the effect of the minimum wage on US retail prices. We find …/retrospective adjustment in prices, heterogeneous responses based on the size of increase, or heterogeneous effects on consumers of different …
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large retail chains. Retailers respond with chain-level price adjustments: chains with the most exposure lower prices by 2 …
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missing from credit bureau data act as a drag on state-level consumption growth. This finding seems to be driven by young …
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