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countries where its international relative price (the real exchange rate) is also high. We reconsider the relation between cross … the overall lack of risk sharing, with the tradable price component playing the dominant role in accounting for efficiency …
Persistent link: https://www.econbiz.de/10013119607
countries where its international relative price (the real exchange rate) is also high. We reconsider the relation between cross … the overall lack of risk sharing, with the tradable price component playing the dominant role in accounting for efficiency …
Persistent link: https://www.econbiz.de/10013089036
The purpose of this paper is to examine the relationship between the price of alcoholic beverages and the incidence of … violence is well documented, as is the negative relationship between the quantity of alcohol consumed and its price. These two … reduced form model is estimated where the probability of being a victim of violent crime is determined by the price of alcohol …
Persistent link: https://www.econbiz.de/10012471295
enough, however, the relative price of capital goods, an important component of the user cost of capital, has never been …
Persistent link: https://www.econbiz.de/10012471649
This article presents new data on distribution margins in eight OECD countries and uses an Applied General Equilibrium (AGE) framework to assess the welfare impacts of inefficient distribution. I estimate the extent to which regulations inflate margins. A comparison of margins across countries...
Persistent link: https://www.econbiz.de/10012761443
This study is an attempt to evaluate the effects of product and labour market regulations on industry productivity through their various impacts on changes in production prices and wages. In a first stage, the estimation of a regression equation on an industry*country panel, with controls for...
Persistent link: https://www.econbiz.de/10013046151
empirical findings, different price elasticities in commodity and consumer goods markets can explain the recently observed …
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