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Shock Elasticities and Impulse Responses

Borovička, Jaroslav - 2014

We construct shock elasticities that are pricing counterparts to impulse response functions. Recall that impulse … response functions measure the importance of next-period shocks for future values of a time series. Shock elasticities measure … the contributions to the price and to the expected future cash flow from changes in the exposure to a shock in the next …

Persistent link: https://www.econbiz.de/10013055409

Small Price Responses to Large Demand Shocks

Gagnon, Etienne - 2014

We study the pricing response of U.S. supermarkets to large demand shocks triggered by labor conflicts, mass population relocation, and shopping sprees around major snowstorms and hurricanes. Our focus on demand shocks is novel in the empirical literature that uses large datasets of individual...

Persistent link: https://www.econbiz.de/10013057614

When Banana Import Restrictions Lead to Exports : A Tale of Cyclones and Quarantine Policies

Ko, Chia Chiun - 2014

This paper examines the welfare loss of import restrictions on bananas in Australia and whether the import restrictions have turned into a particular form of export promotion. We set up a model in which there is free domestic entry, with banana producers accepting losses in normal years, off-set...

Persistent link: https://www.econbiz.de/10013057905

International shocks and domestic prices : how large are strategic complementarities?

Amiti, Mari; Itskhoki, Oleg; Konings, Jozef - 2016

How strong are strategic complementarities in price setting across firms? In this paper, we provide a direct empirical estimate of firm price responses to changes in prices of their competitors. We develop a general framework and an empirical identification strategy to estimate the elasticities...

Persistent link: https://www.econbiz.de/10011584149

Shift in demand elasticities, road energy forecast and the persistence profile of shocks

Adom, Philip Kofi; Amakye, Kwaku; Barnor, Charles; … - In: Economic modelling 55 (2016), pp. 189-206

Persistent link: https://www.econbiz.de/10011642495

Firm performance and the volatility of worker earnings

Juhn, Chinhui; McCue, Kristin; Monti, Holly; Pierce, Brooks - 2017

Persistent link: https://www.econbiz.de/10011613896

U.S. diesel fuel price responses to the global crude oil supply and demand

Adrangi, Bahram; Chatrath, Arjun; Macri, Joseph; … - In: Annals of financial economics 13 (2018) 4, pp. 1-25

Persistent link: https://www.econbiz.de/10011984123

The role of technology in mortgage lending

Fuster, Andreas; Plosser, Matthew; Schnabl, Philipp; … - In: The review of financial studies 32 (2019) 5, pp. 1854-1899

Persistent link: https://www.econbiz.de/10012033755

Firm performance and the volatility of worker earnings

Juhn, Chinhui; McCue, Kristin; Monti, Holly; Pierce, Brooks - In: Journal of labor economics 36 (2018), pp. 99-131

Persistent link: https://www.econbiz.de/10011848640

Firm Performance and the Volatility of Worker Earnings

Juhn, Chinhui - 2017

Using linked employer-employee data for the U.S., we examine whether shocks to firm revenues are transmitted to the earnings of continuing employees. While full insurance is rejected, the elasticity of worker earnings with respect to persistent shocks in firm revenues is small and consistent...

Persistent link: https://www.econbiz.de/10012455579