We compare the finite sample performance of a number of Bayesian and classical procedures for limited information simultaneous equations models with weak instruments by a Monte Carlo study. We consider Bayesian approaches developed by Chao and Phillips, Geweke, Kleibergen and van Dijk, and...

Of the various approaches that, over the last few decades, have sought explanations for the constant increase in the wage gap between more and less skilled workers, the Skill-Biased Technological Change (SBTC) approach has been the most used and the one that has led to the most consistent...

This paper is a survey of the Italian bottled water industry that with quantitative approach relates the consumes or operative volumes of mineral water market based on the middle trend of temperatures, the consumed income per-capita and the trend of the population. We present the weight-OLS...

Der Sachverständigenrat für Verbraucherfragen hat erstmals ein breit angelegtes Gutachten zur Lage der Verbraucher:innen in Deutschland vorgelegt. Gert G. Wagner, Mitglied im Sachverständigenrat für Verbraucherfragen, stellt aus seiner persönlichen Sicht ausgewählte Analysen, Ergebnisse...

Purpose This study aims to estimate the pass-through rate of the increases in the excise tax and TCF tax on tobacco in Vietnam. This study seeks to shed light on how the tax burden is split between consumers and producers and inform policy discussions in the country. Using panel micro-level data...

The location of production and processing has had an increasingly prominent role in discussions regarding food systems today. Acknowledging the increasing importance, we study consumer preferences for and perception of local products with a particular focus on how willingness to pay (WTP) for...

In Italy, wine is an integral part of most people's habits and lifestyles. The advent of a traumatic event like the Covid pandemic brought profound changes to people's lives: economic instability and normality disruption led consumers to revise their priorities and modify their consumption and...

Quantitative researchers often use Student’s t-test (and its p-values) to claim that a particular regressor is important (statistically significantly) for explaining the variation in a response variable. A study is subject to the p-hacking problem when its author relies too much on formal...