The main area of focus in this paper is variation across regions and over time in the U.S. as estimated by different food price data sets. There are a variety of potential sources for food price data, but it is important to compare the relative strengths and weaknesses of the data sources in...

Over the past 10 years, the growth of nontraditional retail food outlets has been of the biggest changes in the retail food market landscape. Nontraditional retailers have helped to increase the variety of shopping and food options available to consumers, and also have increased the amount of...

The Life Cycle - Permanent Income Hypotheses (LCPIH) suggests that the timing of an income payment or government transfer should have no effect on the expenditures of the recipient. In this paper we test the LCPIH against a dynamic model of household consumption which predicts clustered food...

As food and energy commodity prices surged in late 2007 and most of 2008, there was a renewed interest in updated estimates of the impact of these increases on retail food prices. The drop in commodity prices (September 2008- March 2009) leads to the same set of questions in the opposite...

The extent to which cost changes pass through a vertically organized production process depends on the value added by each producer in the chain as well as a number of other organizational and marketing factors at each stage of production. Using 36 years of monthly Bureau of Labor Statistics...

In this study we develop a model for pass-through behavior for two retail food items with different levels of processing, beef and bread, using 36 years of monthly Bureau of Labor Statistics price indices data (1972-2008). Through the use of a two-stage error correction model that allows for the...