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| Kim, Donghun. |
| There is considerable literature on price pass-through modeling. This literature has focused on pass-through of cost shocks for homogenous products. To get results with the homogenous products case, empirical implementation has required the maintained hypothesis of competition, or agreement, in quantity modeling. A major contribution of this paper is modeling pass-through for a differentiated products market under the maintained hypothesis of price competition or price agreement. We estimate a mixed logit model for U.S processed cheese market using unbalanced panel data and implement a price pass through simulation and related consumer welfare analysis under different regimes of competition. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Market Structure; Price Pass-Through; Consumer Welfare; Mixed Logit; Industrial Organization. |
| Ano: 2004 |
URL: http://purl.umn.edu/25157 |
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| Schmidheiny, Kurt. |
| Swiss metropolitan areas are comprised of a system of communities with considerable fiscal autonomy. This study investigates how the income tax differentials across communities in an urban area affect the households` location decisions. Data from the urban agglomeration of Basel for the year 1997 is used. This unique data set contains tax information from all households that moved either within the city center of Basel or from the city center to the outskirts. The community choice of the households is investigated within the framework of the random utility maximization model (RUM). A theoretical model with progressive income taxation is developed to identify the household preferences applied in the RUM. Different econometric spezifications of the error... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Location Choice; Discrete Choice; Multinomial Probit; Mixed Logit; Spatial Autocorrelation; Income Segregation; Public Economics; H71; H73; R20; R23. |
| Ano: 2003 |
URL: http://purl.umn.edu/26217 |
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