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the minimum wage and to the micro patterns of price stickiness. For that purpose, we use a unique dataset of individual … price quotes collected to calculate theConsumer Price Index in France and we estimate a price rigidity model based on a …
Persistent link: https://www.econbiz.de/10012764170
a dynamic panel-data model, our estimates indicate that decline of import-price sensitivity to the exchange rate is not …
Persistent link: https://www.econbiz.de/10012962288
In developing societies, social norms typically ascribe differential weights to paternal, maternal and communal (or state) contributions to children's expenses. Individuals internalize these valuations. I examine a Cournot model of voluntary contribution to children's goods in a two-adult...
Persistent link: https://www.econbiz.de/10013154987
welfare by replicating the flexible price equilibrium. We analyze this result in the context of developing economies, where a … improves welfare outcomes. We also compute the optimal price index, which includes a positive weight on food prices but, unlike …
Persistent link: https://www.econbiz.de/10013016274
The aim of this paper is to apply recently developed panel cointegration techniques proposed by Pedroni (1999, 2004) and generalized by Banerjee and Carrion-i-Silvestre (2006) to examine the robustness of the PPP concept for a sample of 80 developed and developing countries. We find that strong...
Persistent link: https://www.econbiz.de/10013316947
Considering that the major part of greenhouse gases is carbon dioxide, there is a global concern aimed at reducing carbon emissions. Additionally, major consumer countries are looking for alternative sources of energy to avoid the impact of higher fossil fuel prices and political instability in...
Persistent link: https://www.econbiz.de/10013033499
In the absence of first-best climate policy, energy efficiency has figured prominently among strategies to reduce carbon emissions. One of the most sought-after green certification in the building sector is the internationally recognized Leadership in Energy & Environmental Design (LEED). This...
Persistent link: https://www.econbiz.de/10013236403
technologies. The rotation of the demand curve is unambiguous: information dramatically reduces both own-price and cross-price … elasticities, which makes subsidies less effective. The uniform decrease in price elasticities suggests that consumers pay less …
Persistent link: https://www.econbiz.de/10014356677
2020, we find for manufacturing establishments a gas price elasticity of labor demand of −0.02, likely reflecting a scale … effect. We also show that a rise in the gas price leads to an increase in establishment closure. A negative impact of the gas … price on wages of 2 percent is consistent with rent-sharing …
Persistent link: https://www.econbiz.de/10014358623
, 2001. We investigate especially the impact of the policy change on the price of illicit drugs. The analysis is performed …
Persistent link: https://www.econbiz.de/10013027751