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Displaying results 1 to 6 of 6.

  1. Managing the oil market under misinformation
    a reasonable quest?
    Published: May 2024
    Publisher:  King Abdullah Petroleum Studies and Research Center, [Riyadh, Saudi Arabia]

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 801
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    Series: Discussion paper / King Abdullah Petroleum Studies and Research Center ; [2024, dp16]
    Subjects: Ölmarkt; Erdölpolitik; Ölpreis; Volatilität; Makroökonometrie; Preiselastizität; OPEC-Staaten
    Scope: 1 Online-Ressource (circa 36 Seiten), Illustrationen
    Notes:

    Die Zählung der Reihe wurde den Angaben im DOI entnommen

  2. Non-Constant Demand Elasticities, Firm Dynamics and Monetary Non-Neutrality
    Role of Demand Shocks
    Published: May 2024
    Publisher:  National Bureau of Economic Research, Cambridge, Mass

    We develop a simple menu-cost model with non-constant elasticity of demand that features idiosyncratic productivity and demand shocks. The model is calibrated to match firm-level productivity and demand processes estimated from U.S. data. Despite its... more

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    Sächsische Landesbibliothek - Staats- und Universitätsbibliothek Dresden
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    Universitätsbibliothek Freiburg
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    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    Staats- und Universitätsbibliothek Hamburg Carl von Ossietzky
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    Technische Informationsbibliothek (TIB) / Leibniz-Informationszentrum Technik und Naturwissenschaften und Universitätsbibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    We develop a simple menu-cost model with non-constant elasticity of demand that features idiosyncratic productivity and demand shocks. The model is calibrated to match firm-level productivity and demand processes estimated from U.S. data. Despite its simplicity, the calibrated model delivers untargeted pricing dynamics and a markup distribution that are consistent with U.S. micro data. Moreover, it also generates sizable monetary non-neutrality that rivals more complicated alternative menu cost models that explicitly target pricing dynamics. The key in reconciling firm and pricing dynamics comes from the interaction between non-constant elasticity of demand and idiosyncratic demand shocks. Thus, this framework effortlessly unifies pricing, markup, and firm dynamics

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: NBER working paper series ; no. w32518
    Subjects: Gesamtwirtschaftliche Nachfrage; Schock; Anpassungskosten; Preiselastizität; Geldpolitik; General; Monetary Policy; Production, Pricing, and Market Structure; Size Distribution of Firms
    Scope: 1 Online-Ressource, illustrations (black and white)
    Notes:

    Hardcopy version available to institutional subscribers

  3. Die Rolle von Preissignalen im Verkehrssektor und beim Energieverbrauch
    Published: 05.02.2024
    Publisher:  Staatssekretariat für Wirtschaft SECO, Bern

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Source: Union catalogues
    Language: German
    Media type: Book
    Format: Online
    Series: Array ; Nr. 46
    Subjects: Energiekonsum; Kraftstoff; Verkehrsaufkommen; Preiselastizität; Energiepreis; Unternehmen; Energieeinsparung; Schweiz
    Scope: 1 Online-Ressource (circa 66 Seiten), Illustrationen
  4. Wirkung von Preissignalen und Regulierungen auf die Stromnachfrage
    Published: [2024]
    Publisher:  Staatssekretariat für Wirtschaft SECO, Bern

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Source: Union catalogues
    Language: German
    Media type: Book
    Format: Online
    Series: Array ; Nr. 47
    Subjects: Strompreis; Energieversorgung; Preisregulierung; Strommarkt; Nachfrage; Preiselastizität; Schweiz
    Scope: 1 Online-Ressource (circa 91 Seiten), Illustrationen
  5. Patient Costs and Physicians' Information
    Published: January 2024
    Publisher:  National Bureau of Economic Research, Cambridge, Mass

    Health insurance plans in the U.S. increasingly use price mechanisms to steer demand for prescription drugs. The effectiveness of these incentives, however, depends both on physicians' price sensitivity and their knowledge of patient prices. We... more

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    Sächsische Landesbibliothek - Staats- und Universitätsbibliothek Dresden
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    Universitätsbibliothek Freiburg
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    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
    No inter-library loan
    Staats- und Universitätsbibliothek Hamburg Carl von Ossietzky
    No inter-library loan
    Technische Informationsbibliothek (TIB) / Leibniz-Informationszentrum Technik und Naturwissenschaften und Universitätsbibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Health insurance plans in the U.S. increasingly use price mechanisms to steer demand for prescription drugs. The effectiveness of these incentives, however, depends both on physicians' price sensitivity and their knowledge of patient prices. We develop a moment inequality model that allows researchers to identify agents' preferences without fully specifying their information. Applying this model to diabetes care, we find that physicians lack detailed price information and are more price-elastic than full-information models imply. We predict that providing physicians detailed information on prices at the point of prescribing can save patients 12-23% of their out-of-pocket costs for diabetes treatment

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: NBER working paper series ; no. w32014
    Subjects: Private Krankenversicherung; Gesundheitskosten; Arzneimittel; Diabetes; Preismanagement; Preiselastizität; Ärzte; USA; Analysis of Health Care Markets; Health Insurance, Public and Private; General; Information and Product Quality; Standardization and Compatibility
    Scope: 1 Online-Ressource, illustrations (black and white)
    Notes:

    Hardcopy version available to institutional subscribers

  6. Price Sensitivity and Information Barriers to the Take-up of Naloxone
    Published: January 2024
    Publisher:  National Bureau of Economic Research, Cambridge, Mass

    We conducted a field experiment that randomized advertisements, advertisement content, and prices across 2,204 counties in the United States to study the impacts on online purchases of naloxone, an opioid overdose reversal drug. Advertising increased... more

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    Sächsische Landesbibliothek - Staats- und Universitätsbibliothek Dresden
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    Universitätsbibliothek Freiburg
    No inter-library loan
    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
    No inter-library loan
    Staats- und Universitätsbibliothek Hamburg Carl von Ossietzky
    No inter-library loan
    Technische Informationsbibliothek (TIB) / Leibniz-Informationszentrum Technik und Naturwissenschaften und Universitätsbibliothek
    No inter-library loan
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    No inter-library loan

     

    We conducted a field experiment that randomized advertisements, advertisement content, and prices across 2,204 counties in the United States to study the impacts on online purchases of naloxone, an opioid overdose reversal drug. Advertising increased website users but only impacted purchases when combined with a price reduction. Messages emphasizing the discreet nature of online sales had no additional impact on purchases. Comparing counties with advertisements featuring a highly discounted price to those featuring the full price, we estimate a price elasticity of demand for online naloxone of -1.3. Price is a significant barrier to online purchases of this life-saving medication

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: NBER working paper series ; no. w32029
    Subjects: Droge; Drogenkonsum; Arzneimittel; Konsumentenverhalten; Preiselastizität; Feldforschung; USA; Health Behavior; Government Policy; Regulation; Public Health; Advertising
    Scope: 1 Online-Ressource, illustrations (black and white)
    Notes:

    Hardcopy version available to institutional subscribers