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Traditional theory of the consumer explains development of demand through changes in prices and income. Consumer tastes …
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subject is the basic toolbox of mainstream economics. The most important tools in this box are demand, supply and equilibrium … what economists tell us, demand, supply and equilibrium do not carry over to the actual world: they cannot be empirically …
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consumption and testing the synchronization of the supply flow with the consumption demand. The statistical data series from the …Domestic fruit supply stability is evaluated taking into consideration the dynamic interactions between production and …
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demand for movies per inhabitant. Furthermore, we test for the long run relationship and evaluate the elasticities of demand …
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We present, for the first time in the literature, empirical estimates of the supply and demand curves for the ocean …, which appears to have a positive and significant impact on supply. This supports the view that the outlook that shipowners …, through their impact on the supply side. Our results further enhance the behavioral economics literature and provide important …
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We study planned price changes in German firm-level survey data to infer the relative importance of supply and demand … during the Covid-19 pandemic. Supply and demand forces coexist, but demand deficiencies dominate in the short run. Quarter … role for demand stimulus policy to buffer the Covid-19 economic crisis. …
Persistent link: https://www.econbiz.de/10012238496
We study price-setting behavior in German firm-level survey data to infer the relative importance of supply and demand … during the Covid-19 pandemic. Supply and demand forces coexist, but demand shortages dominate in the short run. A reported … percentage points. These results imply a role for aggregate demand stabilization policy to buffer the economic consequences of …
Persistent link: https://www.econbiz.de/10012259571