Data Entry: Please note that the research database will be replaced by UNIverse by the end of October 2023. Please enter your data into the system https://universe-intern.unibas.ch. Thanks

Login for users with Unibas email account...

Login for registered users without Unibas email account...

 
Inflation dynamics and demand elasticities
Project funded by own resources
Project title Inflation dynamics and demand elasticities
Principal Investigator(s) Lein, Sarah
Project Members Braun, Rahel
Organisation / Research unit Departement Wirtschaftswissenschaften / Makroökonomie (Lein)
Project start 01.11.2015
Probable end 01.07.2021
Status Completed
Abstract

We study the heterogeneity of demand elasticities and super elasticities across households and products. We find a limited role for super elasticities driving aggregate dynamics. We find a relatively large heterogeneity of demand elasticities that are in the median around 4. We furthermore study the role of demand elasticities and preference shifts for measurement of consumer price indices. We find sizeable biases that vary with economic conditions.

Keywords Demand elasticities, inflation, structural estimates of consumer price indices
Financed by University funds

Published results ()

  ID Autor(en) Titel ISSN / ISBN Erschienen in Art der Publikation
4266076  Beck, Günter W.; Lein, Sarah M.  Microeconometric evidence on demand-side real rigidity and implications for monetary non-neutrality      Publication: Discussion paper / Internet publication 
4496325  Braun, Rahel; Lein, Sarah M.  Sources of Bias in Inflation Rates and Implications for Inflation Dynamics      Publication: Discussion paper / Internet publication 
4606797  Beck, Günter W.; Lein, Sarah M.  Price elasticities and demand-side real rigidities in micro data and in macro models  0304-3932  Journal of Monetary Economics  Publication: JournalArticle (Originalarbeit in einer wissenschaftlichen Zeitschrift) 
4636337  Braun, Rahel; Lein, Sarah M.  Sources of Bias in Inflation Rates and Implications for Inflation Dynamics  0022-2879 ; 1538-4616  Journal of Money, Credit, and Banking  Publication: JournalArticle (Originalarbeit in einer wissenschaftlichen Zeitschrift) 

Cooperations ()

  ID Kreditinhaber Kooperationspartner Institution Laufzeit - von Laufzeit - bis
4522228  Lein, Sarah  Beck, Günter  University of Siegen  01.01.2015  01.07.2019 
   

MCSS v5.8 PRO. 0.390 sec, queries - 0.000 sec ©Universität Basel  |  Impressum   |    
29/03/2024