Showing 91 - 100 of 58,861
This paper reviews the existing empirical evidence on the short-term impact on prices of fiscal variables and assesses … Commission and the OECD models. Overall, a broad consensus appears on the impact on prices of changes in individual government … limited impact on prices in the first year while, in contrast, changes in indirect taxes and employers' social security …
Persistent link: https://www.econbiz.de/10011604442
This paper investigates the persistence of aggregate wages and prices in Portugal assuming a model of a unionized … wages is attributable mainly to unemployment shocks (about 80 percent), whereas variation in the forecast errors of prices …). Productivity shocks explain somewhat less than 10 percent of the variation in forecast errors of wages and prices. …
Persistent link: https://www.econbiz.de/10011604991
prices of most consumer goods. They are the main interface between producers of consumer goods and consumers, with around … substantial, as this accounts for, on average, about 25% of consumer prices. The purpose of this report is to analyse the … structural features of the distributive trades sector and the developments within it, as well as how these may influence prices …
Persistent link: https://www.econbiz.de/10011606280
This study uses a comprehensive framework to quantify the welfare changes of rural and non-rural households in Mexico associated with the food price crisis of 2007. The total change in welfare is decomposed into five contributors. I find that income effects, i.e. changes through profits and...
Persistent link: https://www.econbiz.de/10011622909
The paper offers a new theoretical framework for linking inflation and accumulation, with the Israeli experience as a case study. The focal point is the process of differential accumulation by the largest core firms. The theory of differential accumulation suggests that the relative power of...
Persistent link: https://www.econbiz.de/10011644557
higher prices have a causal effect on quality of care in Swiss nursing homes and assesses the extent of cross … care prices and prices for accommodation and services on care quality, measured by registered staffing levels. Our …, limiting care prices implicitly sets a limit for care quality and induces care providers to pass on costs to the residents. …
Persistent link: https://www.econbiz.de/10011971673
2008-2015 by: the unemployment rate, the exchange rate, crude oil prices, the trade weighted U.S. Dollar Index and the M2 …
Persistent link: https://www.econbiz.de/10012017283
We use transaction-level US import data to compare firms from virtually all countries in the world competing in a single destination market. Guided by a simple theoretical framework, we decompose countries. market shares into the contribution of the number of firm-products, their average...
Persistent link: https://www.econbiz.de/10012018135
This paper examines the effect of minimum wage changes on local aggregate inflation and consumption growth. The paper utilizes variation in state-level minimum wages across locations and finds that minimum wage increases have a relatively modest effect on both city-level inflation and spending...
Persistent link: https://www.econbiz.de/10012059582
Emerging market and developing economies (EMDEs) have experienced an extraordinary decline in inflation since the early 1970s. After peaking in 1974 at 17.3 percent, inflation in these economies declined to 3.5 percent in 2017. Despite a checkered history of managing inflation among many EMDEs,...
Persistent link: https://www.econbiz.de/10012060219