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In Absolute or Relative Terms? How Framing Prices Affects the Consumer Price Sensitivity of Health Plan Choice
health insurance health plan switching price competition price elasticity SOEP
2012/10/18
This paper provides field evidence on (a) how price framing affects consumers' decision to switch health insurance plans and (b) how the price elasticity of demand for health insurance can be influenc...
Factor Shares, the Price Markup, and the Elasticity of Substitution between Capital and Labor
elasticity of substitution price markup factor shares capital deepening
2012/10/23
In a Walrasian labor market, the labor income share is constant under the assumptions of a Cobb-Douglas production function and perfect competition. Given the observed decline of the labor share in re...
League-Table Incentives and Price Bubbles in Experimental Asset Markets
league tables price bubbles managed funds markets tournament incentives asset market experiments
2012/10/30
We study experimental markets in which participants face incentives modeled upon those prevailing in markets for managed funds. Each participant's portfolio is periodically evaluated at market value a...
The Welfare Impact of Price Changes on Household Welfare and Inequality 1999-2010
price inflation equivalent income welfare linear expenditure system consumer price index distribution co mpensating variation inequality aversion
2012/10/30
This paper provides a single welfare measure to show the effects of consumer price changes upon households in Ireland between 1999 and 2010. This measure combines an efficiency component using a Linea...
Putting Different Price Tags on the Same Health Condition: Re-evaluating the Well-Being Valuation Approach
well-being compensation variati ons monetary valuations happiness health GHQ
2012/11/1
Many recent writings in health policy have proposed that health be valued directly and in monetary terms using the new well-being valuation method. Yet there is currently no clear consensus on what th...
Producing disease-based price indexes.
Outsourcing and Offshoring: Problems for Price and Productivity Measurement
Outsourcing Offshoring Problems Price and Productivity Measurement
2009/11/6
The lowering of communications costs, transportation costs, and trade barriers coupled
with economic reform and rapid development in many countries such as China have stimulated
tremendous growth ...
There are a number of house price indices that measure the rate of inflation in the UK housing market. This article provides an overview of the three main UK house price indices published by the Depar...
Services Producer Price Index (experimental)–fourth quarter 2006
Services Producer Price Index
2009/11/4
The experimental Services Producer Price Index (SPPI) measures movements in prices charged for services supplied by businesses to other businesses, local and national government. This article shows th...
Services producer price index (experimental)–first quarter 2007
Services producer price index
2009/11/4
The experimental services producer price index (SPPI) measures movements in prices charged for services supplied by businesses to other businesses, local and national government. This article shows th...
Services producer price index (experimental)–second quarter 2007
Services producer price index
2009/11/4
The experimental services producer price index (SPPI) measures movements in prices charged for services supplied by businesses to other businesses, local and national government. This article shows th...
The calculation of standard errors for the output producer price index (PPI) has been investigated with the aim of measuring the quality of the growth rates of the published price indices. This articl...
Services producer price index (experimental)–third quarter 2007
Services producer price index
2009/11/4
The experimental services producer price index (SPPI) measures movements in prices charged for services supplied by businesses to other businesses, local and national government. This article shows th...
Services producer price index (experimental)–fourth quarter 2007
Services producer price index
2009/11/4
The experimental services producer price index (SPPI) measures movements in prices charged for services supplied by businesses to other businesses, and to local and national government. This article s...
Decomposing the Retail Sales Index implied price deflator and the CPI
Retail Sales Index price deflator CPI
2009/11/4
This article examines the relationship between the implied price deflator derived from the Retail Sales Index and the change in prices calculated from a comparable price index constructed using compon...