| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP17054 |
| DP17054 Unequal expenditure switching: Evidence from Switzerland | |
| Raphael Auer; Ariel Tomas Burstein; Sarah Lein; Jonathan Vogel | |
| 发表日期 | 2022-03-07 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | What are the unequal effects of changes in consumer prices on the cost of living? In the context of changes in import prices (driven by, e.g., changes in trade costs or exchange rates), most analyses focus on variation across households in initial expenditure shares on imported goods. However, the unequal welfare effects of non-marginal foreign price changes also depend on differences in how consumers substitute between imported and domestic goods, on which there is scant evidence. Using data from Switzerland surrounding the 2015 appreciation of the Swiss franc, we provide evidence that lower income households have higher price elasticities. These differences in elasticities contribute significantly to the unequal welfare effects of large import price changes. |
| 主题 | International Macroeconomics and Finance ; International Trade and Regional Economics ; Monetary Economics and Fluctuations |
| URL | https://cepr.org/publications/dp17054-1 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/546056 |
| 推荐引用方式 GB/T 7714 | Raphael Auer,Ariel Tomas Burstein,Sarah Lein,et al. DP17054 Unequal expenditure switching: Evidence from Switzerland. 2022. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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