Leif Danziger

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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)
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)
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)
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)
An estimated dynamic general equilibrium model which features imperfectly competitive households, sticky nominal wages and costly labor input adjustment is shown to be consistent with several stylized aspects of U.S. postwar business cycle dynamics including the positive serial correlation of output, consumption, investment and employment growth over short(More)
Any opinions expressed here are those of the author(s) and not those of IZA. Research published in this series 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 science,(More)
In this paper we prove that a graduated minimum wage rate can provide a Pareto improvement of an optimal allocation with nonlinear taxation. The reason is that a graduated minimum wage rate makes it harder for the more productive workers to mimic the income of the less productive workers. We also show that in a utilitarian social welfare optimum, the(More)