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expansionary and a contractionary monetary policy episode in Canada. Our identification takes advantage of the fact that the … interest rates of short-term fixed-rate mortgages (the dominant product in Canada's mortgage market) have to be reset according …
Persistent link: https://www.econbiz.de/10012243318
This paper develops and estimates a search and bargaining model designed to measure the welfare loss associated with frictions in oligopoly markets with negotiated prices. We use the model to quantify the consumer surplus loss induced by the presence of search frictions in the Canadian mortgage...
Persistent link: https://www.econbiz.de/10013058698
provide the first comprehensive evaluation of this policy by studying Canada where seven provinces banned menthol cigarettes …
Persistent link: https://www.econbiz.de/10013324670
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Previous hedonic price studies on wine market segments, exploring diverse price functions, are constrained by pre …-determined price breakpoints, the total number of segments, or both. Using British Columbia Liquor Distribution Branch (BCLDB) retail … price data of California red and white wines, this study adopts an endogenous approach to explore the total number of market …
Persistent link: https://www.econbiz.de/10011868246
This paper develops and estimates a search and bargaining model designed to measure the welfare loss associated with frictions in oligopoly markets with negotiated prices. We use the model to quantify the consumer surplus loss induced by the presence of search frictions in the Canadian mortgage...
Persistent link: https://www.econbiz.de/10012458769
provide the first comprehensive evaluation of this policy by studying Canada where seven provinces banned menthol cigarettes …
Persistent link: https://www.econbiz.de/10012479335
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Persistent link: https://www.econbiz.de/10012220005