全球智库信息集成服务系统(G2TT): Firm Heterogeneity in Consumption Baskets: Evidence from Home and Store Scanner Data

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w23101
来源ID	Working Paper 23101
	Firm Heterogeneity in Consumption Baskets: Evidence from Home and Store Scanner Data
	Benjamin Faber; Thibault Fally
发表日期	2017-01-30
出版年	2017
语种	英语
摘要	A growing literature has documented the role of firm heterogeneity within sectors for nominal income inequality. This paper explores the implications for household price indices across the income distribution. Using detailed matched US home and store scanner microdata, we present evidence that rich and poor households source their consumption from different parts of the firm size distribution within disaggregated product groups. We use the data to examine alternative explanations, propose a tractable quantitative model with two-sided heterogeneity that rationalizes the observed moments, and calibrate it to explore general-equilibrium counterfactuals. We find that larger, more productive firms endogenously sort into catering to the taste of richer households, and that this gives rise to asymmetric effects on household price indices. We quantify these effects in the context of policy counterfactuals that affect the distribution of disposable incomes on the demand side or profits across firms on the supply side.
主题	Macroeconomics ; Business Cycles ; International Economics ; Globalization and International Relations ; Development and Growth ; Country Studies
URL	https://www.nber.org/papers/w23101
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/580775
推荐引用方式 GB/T 7714	Benjamin Faber,Thibault Fally. Firm Heterogeneity in Consumption Baskets: Evidence from Home and Store Scanner Data. 2017.

条目包含的文件
文件名称/大小	资源类型	版本类型	开放类型	使用许可
w23101.pdf（1303KB）	智库出版物		限制开放	CC BY-NC-SA	浏览