The paper analyzes the problems of measurement of durable consumer prices posed by quality change. Theoretical price … indexes are defined and used to analyze several empirical methods of estimation of quality adjusted price indexes. The paper … provide reliable price estimators. The analysis suggests that the application of methods of measurement based on chain indexes …

I develop and test a model explaining the gradual price decrease observed in the days leading up to anticipated asset … positions. As a result of hedging, the equilibrium price is above the expected price. As the supply shock approaches …, uncertainty decreases due to the arrival of information, investors hedge less and speculate more, and the price decreases. In line …

increase in anticipation of auctions of new issues and decrease after the auction, while no or a smaller such effect is present … is no auction, is very similar to the secondary-market behavior of the auctioned series. These findings support an …

abroad. We surveyed 1,680 migrants in the Netherlands, identifying five remittance channels: bank services, money transfer …

The tender spread, i.e. the difference between the effective price for money in the ECB’s main refinancing operations …