price changes are decreasing. This means that a firm will have a lower probability of changing its price the longer it has … kept it unchanged. This result is at odds with standard models of price setting. Here a simple explanation is proposed …: decreasing hazards may result from aggregating heterogeneous price setters. We show analytically the form of this heterogeneity …

agencies and private organizations all conducting investigations into the pricing patterns for generic drugs. Price spikes for … selected old, off-patent drugs have also been widely reported in the media. To place these generic price increases into context …, we construct two chained Laspeyres consumer price indexes (CPIs), using the 2007-2016 IBM MarketScan Commercial Claims …

associated with the food price crisis of 2007. The total change in welfare is decomposed into five contributors. I find that … role in maintaining welfare levels after a price shocks, households substantially substituted out of goods that showed a … strong increase in their price. Though food price increases led to a significant welfare loss, part of it was compensated …

perspectives we have identified the proposed strategy for market development, her objectives and factors affecting the price of … sugar in Romania, evolution of prices and consumer price indices. …