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companies based on their vulnerability to future price regulation. We then consider patterns in price movements across companies … their corporate Political Action Committees (PACs) slowed price increases during 1992 and 1994 more than their competitors … to keep price increases below the rate of inflation …
Persistent link: https://www.econbiz.de/10012470236
Though built with increasingly precise microfoundations, modern optimizing sticky price models have displayed a chronic … [2000]. This is an ironic finding, since Taylor [1980] and other researchers were motivated to study sticky price models in … standard view of the cyclical behavior of real marginal cost built into current sticky price macro models. Using both a small …
Persistent link: https://www.econbiz.de/10012470311
I use U.S. patent data from 1970 to 1994 to estimate the effect of energy prices on energy-efficient innovations. Using patent citations to construct a measure of the usefulness of the existing base of scientific knowledge, I consider the effect of both demand-side factors, which spur innovative...
Persistent link: https://www.econbiz.de/10012470440
there is evidence of positive 'short-run' correlations for some countries it is not very robust to the choice of the price …
Persistent link: https://www.econbiz.de/10012470531
Sellers in eBay auctions have the opportunity to choose both a public minimum bid amount and a secret reserve price. We …, deterring serious bidders from entering the auction, and lowering the expected transaction price of the auction. We also present …
Persistent link: https://www.econbiz.de/10012470543
volatility are high, few imports are pre-bought, the price of imports is determined by the realized real exchange rate, and a … purchased in the spot market, the price of imports is determined by the realized real exchange rate, and the relative PPP holds …-buying imports, reducing thereby the frequency of pricing to market, increasing the expected relative price of imports, reducing the …
Persistent link: https://www.econbiz.de/10012470823
slave price series indicates that the price of rice was the major determinant of the demand for slaves and in turn largely …
Persistent link: https://www.econbiz.de/10012471200
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
/15. In real terms, however, there was essentially no change in slave prices deflated either by a general consumer price index …, or the price of rice. Low Country slave prices were well above those in the West Indies and Maryland prior to the 1740s …
Persistent link: https://www.econbiz.de/10012471326