0.001% and counting: Revisiting the price rounding tax
Contemporary Economic Policy, EarlyView.Abstract In 1991 and 2008, Israel abolished the equivalents of 1¢ and 5¢ coins, respectively, effectively eliminating low‐denomination coins and introducing rounding in cash transactions. When totals were rounded up, shoppers incurred a small rounding tax.
Doron Sayag, Avichai Snir, Daniel Levy
wiley +1 more source
Idiosyncratic asset return and wage risk of US households
Economic Inquiry, Volume 63, Issue 2, Page 636-657, April 2025.Abstract This paper documents the degree of idiosyncratic asset return heterogeneity, serial correlation, and correlation with wage heterogeneity for US households. Novel panel‐data measurements for returns on household assets are proposed. Sizable transitory idiosyncratic return heterogeneity is documented to exist concurrently with permanent ...
Stephen Snudden
wiley +1 more source
Measurement biases in the Canadian CPI: An update [PDF]
The consumer price index (CPI) is used to measure changes in the price level of consumer goods and services. As an indicator of changes in the cost of living, it is susceptible to various types of measurement biases.
Allan Crawford
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Inflation expectations and time variations in the oil price pass‐through
Economic Inquiry, EarlyView.Abstract Previous literature suggests that the pass‐through of oil price shocks to inflation rates became weaker since the 1970s. I use a time‐varying parameter VAR to show that this trend has recently been reversed with headline and core inflation rates responding more sensitive to oil price shocks. Based on a counterfactual analysis, I offer evidence
Daniel Gründler
wiley +1 more source
Analyzing and modeling public interest in fishery resources: Proposing flagship species for promoting sustainable fisheries in Japan. [PDF]
PLoS OneOta S, Hayashizaki KI.
europepmc +1 more source
Estimating Hedonic Price Indices for Personal Computers in Russia [PDF]
Economist have noted for decades that Consumer Price Index (CPI) in the developed countries is overstating inflation by 0,5-2,0% per year. A significant part of such a bias is found to be caused by the presence of technology products and differentiated ...
Parkhomenko, Alexander +1 more
core +1 more source
Dynamics and sources of wage inequality in Taiwan: Evidence from employer‐employee matched data
Economic Inquiry, EarlyView.Abstract This paper studies the decline in wage inequality in Taiwan from 2004 to 2019 using administrative employer‐employee matched data and the Abowd–Kramarz–Margolis (AKM) framework. Unlike the U.S. and Europe, Taiwan experienced an 8.4% drop in wage inequality, driven largely by reductions in within‐firm disparities.
Po‐Chun Huang +3 more
wiley +1 more source
Life‐cycle living standards of male‐headed households: Evidence from Stockholm, 1800–80
The Economic History Review, EarlyView.Abstract Recent research in economic history argues for using a household life cycle standard‐of‐living approach that includes the income and expenses of all household members and considers fluctuations in the household over the life course. This study builds on that approach by empirically examining the development of living standards in male‐headed ...
Anton Svensson
wiley +1 more source
A Seven-step Process to Update Dr. B.G. Prasad's Socioeconomic Status Scale. [PDF]
Indian J Community MedSaraswathy SYI +2 more
europepmc +1 more source
Price Rigidity in France: Information From Consumer Price Collections [PDF]
Different indicators are calculated based on consumer price index (CPI) price collections for the 1994-2003 period in an endeavour to describe consumer price changes in France.
Hervé Le Bihan +3 more
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