Results 11 to 20 of about 84,943 (45)

The Firm Size Distribution Across Countries and Skill-Biased Change in Entrepreneurial Technology

open access: yesAmerican Economic Journal: Macroeconomics, 2018
Development is associated with systematic changes in the firm size distribution. I document that the mean and dispersion of firm size are larger in rich countries, and increased over time for US firms.
Markus Poschke
semanticscholar   +1 more source

Selection on Welfare Gains: Experimental Evidence from Electricity Plan Choice

open access: yesAEA Randomized Controlled Trials, 2021
We study a problem in which policymakers need to screen self-selected individuals by unobserved heterogeneity in social welfare gains from a policy intervention.
Koichiro Ito, T. Ida, Makoto Tanaka
semanticscholar   +1 more source

PRICE COMPARISON WEBSITES

open access: yesInternational Economic Review, 2021
The large and growing industry of price comparison websites (PCWs) or ‘web aggregators’ is poised to benefit consumers by increasing competitive pricing pressure on firms by acquainting shoppers with more prices.
David Ronayne
semanticscholar   +1 more source

Macroeconomic Implications of Uniform Pricing

open access: yesAmerican Economic Journal: Macroeconomics, 2023
We compile a new database of grocery prices in Argentina. We find uniform pricing both within and across regions—i.e., prices almost do not vary within the stores of a chain.
Diego Daruich, J. Kozlowski
semanticscholar   +1 more source

The Gains from Input Trade with Heterogeneous Importers

open access: yesAmerican Economic Journal: Macroeconomics, 2018
Firms differ substantially in their participation in foreign input markets. We develop a methodology to measure the aggregate effects of input trade that takes such heterogeneity into account.
J. Blaum   +4 more
semanticscholar   +1 more source

The Nature of Firm Growth

open access: yesThe American Economic Review, 2017
About one-half of all startups fail within five years, and those that survive grow at vastly different speeds. Using Census microdata, we estimate that most of these differences are determined by ex ante heterogeneity rather than persistent ex post ...
Benjamin W. Pugsley   +2 more
semanticscholar   +1 more source

Exchange Rates and Prices: Evidence from the 2015 Swiss Franc Appreciation

open access: yesThe American Economic Review, 2018
We dissect the impact of a large and sudden exchange rate appreciation on Swiss border import prices, retail prices, and consumer expenditures on domestic and imported nondurable goods, following the removal of the EUR/CHF floor in January 2015.
Raphael A. Auer   +2 more
semanticscholar   +1 more source

New Facts on Consumer Price Rigidity in the Euro Area

open access: yesAmerican Economic Journal: Macroeconomics
Using CPI microdata for 11 euro area countries over 2010–2019, we document new findings on consumer price rigidity in the euro area: (i) the average frequency of price changes is 12 percent; (ii) the distribution of price changes is highly dispersed ...
Erwan Gautier   +13 more
semanticscholar   +1 more source

Trading Volume Shares and Market Quality: Pre- and Post- Zero Commissions

open access: yesJournal of Empirical Finance
We find that major retail brokers that eliminate commissions dramatically increase their market share of client assets. Using broker’s SEC Rule 606 reports, we find they increasingly routed orders to off-exchange wholesale market makers instead of ...
P. Jain   +3 more
semanticscholar   +1 more source

Consumer Myopia in Vehicle Purchases: Evidence from a Natural Experiment

open access: yesAmerican Economic Journal: Economic Policy, 2019
A central question in the analysis of fuel economy policy is whether consumers are myopic with regards to future fuel costs. We provide the first evidence on the consumer valuation of fuel economy from a natural experiment that provides exogenous ...
Kenneth Gillingham   +2 more
semanticscholar   +1 more source

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