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We use store-level data to document the exact process of changing prices and to directly measure menu costs at ve multistore supermarket chains. We show that changing prices in these establishments is a complex process, requiring dozens of steps and a nontrivial amount of resources. The menu costs average $105,887/year per store, comprising 0.70 percent of(More)
The hypothesis that fertility is influenced not only by parents' own economic situations, but also by the number of parents' siblings and the economic opportunities and achievements of the grandparents when they were of childbearing age was investigated through use of data from Israel's 1977 Labor Mobility Survey. Selected for analysis was a subsample of(More)
for helpful suggestions and conversations. We thank the Coca-Cola Company Archive employees, and especially Phil Mooney, the Archive Director, for kindly helping us locate many of the material we needed for this project and for patiently answering our never-ending questions. Virginia Cain, Emory University Archivist of the Special Collections, helped us(More)
Une vaste littérature analyse les effets réels de coûts d'ajustement des prix en sup-posant que les ajustements de quantités sont sans coûts. Dans ce papier, nous analysons si la présence de coûts d'ajustement des quantités, qui sont probable-ment significatifs, change le résultat traditionnel sur l'impact de l'inflation. En particulier, des résultats(More)
Any opinions expressed here are those of the author(s) and not those of the institute. Research disseminated by IZA may include views on policy, but the institute itself takes no institutional policy positions. The Institute for the Study of Labor (IZA) in Bonn is a local and virtual international research center and a place of communication between(More)
We develop a theoretical model regarding the migration of dual-earner couples and test it in the context of international migration. Our model predicts that the probability that a couple emigrates increases with the income of the primary earner, whereas the income of the secondary earner may affect the decision in either direction. We conduct an empirical(More)
I examine games involving private contributions to a public good and show that less of the public good will be supplied if agents move sequentially than if they move simultaneously. If the agents bid for the right to move first, the agent who values the public good least will win. If each agent chooses the rate at which he will subsidize the other agent's(More)