Browsing Wellington School of Business and Government · Orauariki by Subject "140104 Microeconomic Theory"

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Price setting in a leading Swiss online supermarket

Berka, Martin; Devereux, Michael B.; Rudolph, Thomas (2011)

We study a newly released data set of scanner prices for food products in a large Swiss online supermarket. We find that average prices change about every two months, but when we exclude temporary sales, prices are extremely ...
Viability of an economy with constrained inequality

Krawczyk, Jacek B; Townsend, Wilbur (2015)

Governments want to prevent high inequality while maintaining economic effi ciency. This paper investigates how an economy can satisfy both these constraints. We use the relative factor share as a proxy for inequality and ...