Explaining the Endurance of Price Level Differences in the Euro Area

Explaining the Endurance of Price Level Differences in the Euro Area PDF Author: Pavlos Petroulas
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
In this paper we anaIyse price level differences in the euro area focusing on the impact of market structure and exploring how consumer behaviour can influence firms' pricing. We consider two elements of market structure: producer market competition structure and the less explored structure of retail market competition. Regarding consumer behaviour we focus primarily on consumer habits. To this effect we utilise an extensive data set on retail prices and quantities for 41 product categories of fast-moving consumer goods across 58 regions in 10 euro area countries. Our results indicate that observed price differences reflect effects from diverse sources. The competition structure of the goods' producers is found to be an important determinant of price differences. However, we also find that retail market structure and consumer habits also matter, explaining a significant and economically meaningful share of observed price differences. This points to possible new and important determinants of price differences across countries that go beyond the traditional goods market structure.

Explaining the Endurance of Price Level Differences in the Euro Area

Explaining the Endurance of Price Level Differences in the Euro Area PDF Author: Pavlos Petroulas
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
In this paper we anaIyse price level differences in the euro area focusing on the impact of market structure and exploring how consumer behaviour can influence firms' pricing. We consider two elements of market structure: producer market competition structure and the less explored structure of retail market competition. Regarding consumer behaviour we focus primarily on consumer habits. To this effect we utilise an extensive data set on retail prices and quantities for 41 product categories of fast-moving consumer goods across 58 regions in 10 euro area countries. Our results indicate that observed price differences reflect effects from diverse sources. The competition structure of the goods' producers is found to be an important determinant of price differences. However, we also find that retail market structure and consumer habits also matter, explaining a significant and economically meaningful share of observed price differences. This points to possible new and important determinants of price differences across countries that go beyond the traditional goods market structure.

Εxplaining the Endurance of Price Level Differences in the Euro Area

Εxplaining the Endurance of Price Level Differences in the Euro Area PDF Author: Huw Dixon
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Monetary Policy in Times of Crisis

Monetary Policy in Times of Crisis PDF Author: Massimo Rostagno
Publisher: Oxford University Press
ISBN: 0192895915
Category : Business & Economics
Languages : en
Pages : 449

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Book Description
The first twenty years of the European Central Bank offer a unique insight into how a central bank can navigate macroeconomic insecurity and crisis. This volume examines the structures and decision-making processes behind the complex measures taken by the ECB to tackle some of the toughest economic challenges in the history of modern Europe.

Achieving Sustainable Development and Promoting Development Cooperation

Achieving Sustainable Development and Promoting Development Cooperation PDF Author: Department of Economic & Social Affairs
Publisher: United Nations Publications
ISBN: 9789211045871
Category : Business & Economics
Languages : en
Pages : 295

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Book Description
This book presents an overview of the key debates that took place during the Economic and Social Council meetings at the 2007 High-level Segment, at which ECOSOC organized its first biennial Development Cooperation Forum. The discussions also revolved around the theme of the second Annual Ministerial Review, "Implementing the internationally agreed goals and commitments in regard to sustainable development."--P. 4 of cover.

On War

On War PDF Author: Carl von Clausewitz
Publisher:
ISBN:
Category : Military art and science
Languages : en
Pages : 388

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Book Description


Improving Healthcare Quality in Europe Characteristics, Effectiveness and Implementation of Different Strategies

Improving Healthcare Quality in Europe Characteristics, Effectiveness and Implementation of Different Strategies PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264805907
Category :
Languages : en
Pages : 447

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Book Description
This volume, developed by the Observatory together with OECD, provides an overall conceptual framework for understanding and applying strategies aimed at improving quality of care. Crucially, it summarizes available evidence on different quality strategies and provides recommendations for their implementation. This book is intended to help policy-makers to understand concepts of quality and to support them to evaluate single strategies and combinations of strategies.

Origins of the European Economy

Origins of the European Economy PDF Author: Michael McCormick
Publisher: Cambridge University Press
ISBN: 9780521661027
Category : Business & Economics
Languages : en
Pages : 1138

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Book Description
A comprehensive analysis of economic transition between the later Roman empire and Charlemagne's reigne.

Handbook on Battery Energy Storage System

Handbook on Battery Energy Storage System PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292614711
Category : Technology & Engineering
Languages : en
Pages : 123

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Book Description
This handbook serves as a guide to deploying battery energy storage technologies, specifically for distributed energy resources and flexibility resources. Battery energy storage technology is the most promising, rapidly developed technology as it provides higher efficiency and ease of control. With energy transition through decarbonization and decentralization, energy storage plays a significant role to enhance grid efficiency by alleviating volatility from demand and supply. Energy storage also contributes to the grid integration of renewable energy and promotion of microgrid.

On the Meaning and Future of the European Monetary System

On the Meaning and Future of the European Monetary System PDF Author: Tom de Vries
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Dietary Supplements

Dietary Supplements PDF Author: United States. Federal Trade Commission. Bureau of Consumer Protection
Publisher:
ISBN:
Category : Advertising
Languages : en
Pages : 32

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Book Description