DeCicca, Philip; Kenkel, Donald; Liu, Feng - In: The Review of Economics and Statistics 95 (2013) 2, pp. 516-529
We conduct an empirical study of the impact of consumer price search on the shifting of cigarette excise taxes to consumer prices. We use novel data on the prices that smokers report paying and document substantial price dispersion. We find that cigarette taxes are shifted at lower rates to...